Financial
Distress signals
Property profile

36851 Mound Rd Sterling Heights, MI 48310

OFF-MARKET
Commercial real estate
Property ID
US43-1532221
6,371 SF 0.96 ac lot Built 2006
Last sale May 2026 · $1,440,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

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

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.

Mortgages

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?
$20k
Tax billed · 2022
Assessed value · 2023$512k
Effective rate3.89%

Value estimate

· Sep 2026
$1.12M
$1.00M – $1.23M
Submarket $/SF estimate$1.82M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$188/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$104 – $285
Qualifying comparables13

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-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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.5
Bakery9.7
Convenience Store9.5

Location

36851 Mound Rd Sterling Heights, MI 48310-4747
County assessor Recorded deeds · 6 transfers 13 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33225 Mound, Sterling Heights, MI 48310-6501 $1,470,000 Sep 2022 10,310 SF
34841 Mound, Sterling Heights, MI 48310-5723 $1,058,750 Nov 2021 10,706 SF
37821 Mound, Sterling Heights, MI 48310-4130 $3,150,000 Sep 2021 10,400 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 36851 Mound Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message