Financial
Distress signals
Property profile

13620 Northbay Dr Sterling Heights, MI 48313

FOR LEASE
Government properties
Property ID
US43-5266147
3,530 SF 1.22 ac lot Built 1979
Last sale Mar 2023 · $1,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
13620 Northbay Dr, Sterling Heights, MI 48313 For Lease
Contact for pricing 3,500 SF available
13620 Northbay Dr, Sterling Heights, MI 48313
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Property summary

AI-generated overview

This 3,782 sq ft Sterling Heights, MI property at 13620 Northbay Dr offers a unique investment opportunity. Currently vacant, this single-story Class A building features two suites, with a minimum divisible space of 1,500 sq ft and a maximum contiguous space of 3,782 sq ft. The property boasts a coveted drive-thru, ample parking (25 spaces), and 220-volt power. Located near the intersection of Hall Rd and Schoenherr Rd, it benefits from high traffic counts (35,000-40,000 VPD) and proximity

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$18k
Tax billed · 2022
Assessed value · 2023$348k
Effective rate5.28%

Value estimate

· Sep 2026
$1.22M
$1.10M – $1.34M
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$5k
Operating expenses−$18k
NOI · 140,203.33% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$167/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$99 – $213

Cap rate analysis

How does the asset earn?
140,203.33%
$42k 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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply32.0
Auto Repair Shop29.2
Wholesale Shop28.5

Location

13620 Northbay Dr Sterling Heights, MI 48313
County assessor Recorded deeds · 5 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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