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    13500 19 Mile Rd Sterling Heights, MI 48313
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    Property profile & analytics

    13500 19 Mile Rd Sterling Heights, MI 48313


    • Drug stores
    • 10,686 SF
    • 1.56 lot acres
    Freestanding Retail with Drive-Thru For Lease
    $1,790,000

    Freestanding Retail with Drive-Thru

    Former Rite Aid available for lease at 19 Mile.

    13500 19 Mile Rd, Sterling Heights, MI 48313
    View Listing
    Property ID
    US43-1074410
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drug stores

    Property Details for 13500 19 Mile Rd

    Year built
    1998
    Lot size
    1.56 lot acres
    Property size
    10,686 SF
    Zone code
    C-1
    Property type
    Drug stores
    APN
    10-10-11-226-022
    APU
    101011226022

    Description

    This 10,686 square foot former Rite Aid building, situated on a 1.56-acre lot in Macomb County, Michigan, presents a unique opportunity for retail businesses. The property boasts ample parking, easily accommodating the high volume of traffic at the intersection of 19 Mile and Schoenherr Roads, which sees over 55,000 vehicles daily. The building is currently entirely vacant, offering a blank canvas for a new tenant. Its convenient location, just 1.6 miles west of the 361-bed Henry Ford Macomb Hospital and south of Hall Road's vibrant shopping and entertainment district, ensures high visibility and accessibility. Nearby national retailers include Kroger, Kohl's, Hobby Lobby, Total Wine & More, Target, Shake Shack, and Portillo's, creating a strong retail environment. The property features a drive-thru, adding further convenience and appeal. The traffic-controlled intersection provides easy ingress and egress to both 19 Mile and Schoenherr Roads. This prime retail location offers significant potential for a variety of businesses seeking high visibility and a strong customer base. The entire 10,686 square feet is available for lease.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,790,000
      Market price range: $612k - $1.79M
      AI Estimate
      $1,790,000
      Market price range: $612k - $1.79M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,115,000
      Current use
      COMMERCIAL (GENERAL)
      $2,010,000
      Change: +81% Conversion: Easy
      RESTAURANT
      $1,515,000
      Change: +36% Conversion: Easy
      MEDICAL BUILDING
      $1,310,000
      Change: +18% Conversion: Difficult
      OFFICE BUILDING
      $1,265,000
      Change: +13% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9928
    Latitude
    42.6098
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $28,833
    $0.00
    $0.00
    $711,300
    -
    $0.00
    $0.00
    $1,422,600
    View Listing
    More about this property
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