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Financial
Distress signals
Property profile

3605 15th Mile Rd Sterling Heights, MI 48310

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1587221
102,041 SF 13.83 ac lot Built 1978
Last sale May 2022 · $11,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail opportunity presents two available spaces within a thriving Sterling Heights shopping center, strategically located at the intersection of 15 Mile and Ryan Road, in the Sterling Heights submarket. The property, known as Dream Market Anchored Center, boasts a total of 6,530 square feet of vacant space, ideally suited for multiple tenants. One space offers 1,430 square feet, while the second provides a more substantial 5,100 square feet. The building is a single…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$103k
Tax billed · 2022
Assessed value · 2023$4.73M
Effective rate2.18%

Value estimate

· Oct 2026
$11.64M
$10.48M – $12.80M
Submarket $/SF estimate$13.46M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 339 recorded sales of this use type
Observed band · Q1–Q3$57 – $168

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
This district is intended to provide a combination of convenience and comparison retail goods and services serving the needs of a broader...
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 agency47.0
Building Supply44.0
Law Firm39.4

Location

3605 15th Mile Rd Sterling Heights, MI 48310-5356
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33131 Mound, Sterling Heights, MI 48310-6517 $1,470,000 Sep 2022 4,200 SF
33533 Mound, Sterling Heights, MI 48310-6527 $575,000 Aug 2021 11,966 SF
36945 Mound, Sterling Heights, MI 48310-7454 $2,800,000 Jun 2019 2,400 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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