Property summary
Carmia Plaza, a thriving 6,200 square foot shopping center located at 36851 Mound Rd, Sterling Heights, Michigan 48310, presents a compelling investment opportunity. Built in 1990 and extensively renovated in 2022, this property boasts a strong tenant mix and 100% occupancy, generating a substantial net operating income (NOI) of $100,000 annually. The asking price is $1,449,000. This strategically located retail center benefits from its regional position at the intersection of 16 Mile and… Mound Roads, offering excellent visibility and accessibility. The recent renovations ensure the property is in excellent condition, providing immediate value and potential for future appreciation. The current tenant mix provides a stable income stream, with added value potential through lease renewals and strategic tenant replacement. This property is an ideal acquisition for investors seeking a stable, high-performing retail investment in a desirable Michigan market. The property's strong performance and prime location make it a rare opportunity in the competitive Sterling Heights market. The 2022 renovations ensure modern amenities and appeal to a wide range of tenants. This is a turnkey operation ready for immediate income generation.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 13 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,371 SF
- Lot area
- 0.96 ac
- Year built
- 2006
- Stories
- 1
- APN
- 10-10-29-226-054
- Zoning
- C-3
- Assessed value · 2023
- $511,600
- Annual tax · 2022
- $19,899
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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