Property profile

33433 Schoenherr Rd Sterling Heights, MI 48312

OFF-MARKET
Assisted living facilities
Property ID
US43-1424123
77,530 SF 5 ac lot Built 1987
Individually Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1987
Total area 77,530 SF
Lot 5 ac (217,800 SF)
Zoning code RM-2
APN 10-10-35-400-036
UPID US43-1424123

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Community Center
  • Retirement Community Nursing Home
  • Physician
  • Home Health Care Service Hospice

Location

33433 Schoenherr Rd Sterling Heights, MI 48312-6364
Sterling Heights metro Census 232100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
$10.46M

Owner & transaction history

since 2008
6 recorded transactions
2023
Price N/A
2019
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RM-2 · Sterling Heights, MI
Zoning description

The RM-2 multiple family residential districts (low rise) are intended to provide a proper environment for families who live in low rise multiple family dwellings. Such families typically are smaller in size than those l…

General category RESIDENTIAL

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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