Property profile

3875 15th Mile Rd Sterling Heights, MI 48310

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1838922
1,717 SF 0.42 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1973
Total area 1,717 SF
Lot 0.42 ac (18,295 SF)
Zoning code C-3
APN 10-10-30-476-009
UPID US43-1838922

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Atm Food
  • Atm
  • Atm

Location

3875 15th Mile Rd Sterling Heights, MI 48310-5361
Sterling Heights metro Census 231600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.92M

Owner & transaction history

since 2024
Last sale
$1.9M
4 recorded transactions
2024
$1.9M
2024
Price N/A
2008
$202,409
1969
Price N/A

Zoning & alternative use

C-3 · Sterling Heights, MI
Zoning description

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

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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