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Financial
Distress signals
Property profile

13200 15 Mile Rd Sterling Heights, MI 48312

FOR LEASE
Commercial land
Property ID
US43-1636892
15.1 ac lot
Last sale Aug 2010 · $56,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A new-construction retail strip mall property in Sterling Heights, located at 13200 15 Mile Road #C, is configured to provide flexible commercial suite layouts. The available suite configurations include approximately 1,500 square feet, 4,500 square feet, and larger spaces up to about 11,700 square feet, with final sizes and layouts subject to coordination. The property is designated for commercial use under its Commercial zoning classification and is arranged to accommodate multiple tenant/user sizes within a retail-oriented setting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$86k
Effective rate5.56%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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

Cap rate analysis

How does the asset earn?
45,045.33%
$135k 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-2
This district is intended to provide a combination of convenience and comparison retail goods and services serving the needs of a broader...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant48.4
Building Supply45.1
Law Firm42.3

Location

13200 15 Mile Rd Sterling Heights, MI 48312
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33333 Red Run, Sterling Heights, MI 48312 $300,000 Nov 2023 No data
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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