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    Property profile & analytics
    OFF-MARKET Estimated value $905,000
    Outlet malls

    15111 14th Mile Rd, Sterling Heights, MI 48312-6712

    7,028 SF 1.33 ac lot Built 1996
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US43-0997442
    Property summary
    AI-generated overview

    This exceptional 7,000-square-foot retail space presents a remarkable opportunity for businesses seeking high visibility and significant square footage. Located on the highly trafficked northwest corner of East 14 Mile Road and Hayes Road, this single-tenant property boasts unparalleled exposure to a large customer base. The entire 7,000 square feet is currently vacant, offering a blank canvas for a discerning tenant to create their ideal retail environment. The property's prime location ensures maximum brand visibility and accessibility, making it an ideal choice for a variety of retail concepts. This is a rare opportunity to secure a substantial, highly visible retail space in a thriving commercial area. The building's size and layout offer flexibility for various retail uses, allowing for customization to meet specific business needs. The property's strategic location at the intersection of two major thoroughfares guarantees consistent foot traffic and high vehicular visibility, maximizing potential customer reach. This is an exceptional opportunity to establish a strong retail presence in a high-demand location. The ample square footage provides significant space for inventory, displays, and customer service areas. Serious inquiries are encouraged to explore the potential of this outstanding retail property. Don't miss this chance to secure a prime location for your business.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1996
    Total area 7,028 SF
    Lot 1.33 ac (57,935 SF)
    Zoning code C-1
    APN 10-10-36-476-010
    UPID US43-0997442
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.11M
    Blend (final) Blend
    $905k
    Owner & transaction history
    Kah V LLC · 5 yrs held
    Kah V LLC
    since 2020
    Last sale
    $610,000
    3 recorded transactions
    2024
    2020
    $610,000
    2020
    Zoning & alternative use
    C-1 · Sterling Heights, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $995,000 +35.9%
    Medical building $865,000 +17.7%
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