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    15111 14th Mile Rd Sterling Heights, MI 48312-6712
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    Property profile & analytics

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


    • Outlet malls
    • 7,028 SF
    • 1.33 lot acres
    Off-Market
    Last Sale Aug 19, 2020
    $610,000
    Property ID
    US43-0997442
    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
    $905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Outlet malls

    Property Details for 15111 14th Mile Rd

    Year built
    1996
    Lot size
    1.33 lot acres
    Property size
    7,028 SF
    Zone code
    C-1
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    10-10-36-476-010
    APU
    101036476010

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $675,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,112,000
      Market price range: $402k - $1.18M
      AI Estimate
      $1,112,000
      Market price range: $402k - $1.18M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $735,000
      Current use
      RESTAURANT
      $995,000
      Change: +36% Conversion: Easy
      MEDICAL BUILDING
      $865,000
      Change: +18% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $720,000
      Change: -1% Conversion: Easy
      OFFICE BUILDING
      $665,000
      Change: -9% Conversion: Easy
      AUTO REPAIR, GARAGE
      $605,000
      Change: -18% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9702
    Latitude
    42.539
    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
    $21,421
    $0.00
    $0.00
    $390,800
    -
    $0.00
    $0.00
    $781,600
    More about this property
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