Property profile

35505 Schoenherr Rd Sterling Heights, MI 48312

OFF-MARKET
Day care centers
Property ID
US43-0039623
5,005 SF 1.08 ac lot Built 1983
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1983
Total area 5,005 SF
Lot 1.08 ac (47,132 SF)
Zoning code R-60
APN 10-10-25-353-007
UPID US43-0039623

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
  • Daycare Center

Location

35505 Schoenherr Rd Sterling Heights, MI 48312-4260
Sterling Heights metro Census 231900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
$530k

Owner & transaction history

since 2006
3 recorded transactions
2006
$526,500
2006
Price N/A
1969
Price N/A

Zoning & alternative use

R-60 · Sterling Heights, MI
Zoning description

The one family districts are established to provide an environment suitable for families who typically have children. The districts are principally for one family dwellings at varying densities.

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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