Realmo Analytics

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Financial
Distress signals
Property profile

35801 Mound Rd Sterling Heights, MI 48310

FOR SALE
Office buildings
Property ID
US43-1328296
94,209 SF 5.05 ac lot Built 1991
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 35801 Mound Rd in Sterling Heights, Michigan is a commercial office facility comprising approximately 7,711 square feet of total interior space, configured to provide office space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$134k
Tax billed · 2022
Assessed value · 2023$2.79M
Effective rate4.82%

Value estimate

· Oct 2026
$7.72M
$6.95M – $8.49M
Submarket $/SF estimate$7.72M
NOI build-up
Gross scheduled income$724k
Vacancy & credit loss−$32k
Operating expenses−$104k
NOI · 5.88% cap applied$588k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$118/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$82 – $179

Cap rate analysis

How does the asset earn?
5.88%
$588k 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-3
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not nece...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.1
Law Firm16.4
Hair Salon12.3

Location

35801 Mound Rd Sterling Heights, MI 48310
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
38555 Mound, Sterling Heights, MI 48310-3206 $900,000 Dec 2022 11,720 SF
38800 Ryan, Sterling Heights, MI 48310-2993 $600,000 Aug 2019 6,440 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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