Financial
Distress signals
Property profile

38367 Mound Rd Sterling Heights, MI 48310

FOR SALE
Commercial real estate
View Listing
Property ID
US43-0161286
960 SF 2.99 ac lot Built 1955
Last sale Feb 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2.99-acre commercial land parcel, located at 38367 Mound Road in Sterling Heights, Michigan (48310), presents a unique investment opportunity. Currently utilized as a landscaping supply store featuring a 960 square foot structure, the property is zoned O-R Office Research District, offering significant redevelopment potential. The land is priced at $750,000, translating to approximately $250,836 per acre. Its prime location in Macomb County provides easy access to major

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?
$9k
Tax billed · 2022
Assessed value · 2023$177k
Effective rate4.94%

Value estimate

· Sep 2026
$300k
$270k – $330k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169
Qualifying comparables5

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?
O-R
The O-R Office Research District is designed to primarily accommodate office, scientific, business, technological research operations, re...
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 Firm27.0
Restaurant26.6
Auto Repair Shop20.3

Location

38367 Mound Rd Sterling Heights, MI 48310
County assessor Recorded deeds · 5 transfers 5 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
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?”
More about this property
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