Financial
Distress signals
Property profile

16990-16998 25 Mile Rd Macomb, MI 48042

FOR LEASE
Other commercial real estate
Property ID
US43-1517503
10,400 SF 4.12 ac lot Built 2005
Last sale Sep 2021 · $3,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an operating food retail space configured for grocery merchandising, on-site bakery production, and meat offerings within a fully equipped commercial layout. The improvements include multiple walk-in coolers and freezer units, refrigerated fresh-food display cases, hot-food warming displays, grocery shelving, and dedicated food preparation and storage areas. Bakery production is supported by two large commercial ovens with professional hood ventilation, two commercial dough

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$80k
Tax billed · 2022
Assessed value · 2023$1.45M
Effective rate5.49%

Value estimate

· Sep 2026
$3.78M
$3.40M – $4.16M
CAP approach$1.90M
Submarket $/SF estimate$2.97M
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$685
Operating expenses−$3k
NOI · 258.82% cap applied$8k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$188/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$104 – $285
Qualifying comparables11

Cap rate analysis

How does the asset earn?
258.82%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-3
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not nece...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.5
Restaurant16.3
Pharmacy15.0

Location

16990-16998 25 Mile Rd Macomb, MI 48042
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33225 Mound, Sterling Heights, MI 48310-6501 $1,470,000 Sep 2022 10,310 SF
34841 Mound, Sterling Heights, MI 48310-5723 $1,058,750 Nov 2021 10,706 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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