Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    38951 Mound Rd Sterling Heights, MI 48310-3267

    • Grocery and convenience stores
    • 2,400 SF
    • 1.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1078023
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 38951 Mound Rd

    Year built
    1996
    Lot size
    1.13 lot acres
    Property size
    2,400 SF
    Zone code
    C-3
    Property type
    Grocery and convenience stores
    APN
    10-10-20-226-058
    APU
    101020226058

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0507
    Latitude
    42.5793
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $16,410
    $0.00
    $0.00
    $704,800
    -
    $0.00
    $0.00
    $1,409,600

    Comparable in this City

    • Value Estimation by Request
      15,134 SF

      40217 Mound Rd

      GROCERY, SUPERMARKET • 15,134 SF
      40217 Mound Rd, Sterling Heights, MI 48310-2245
      View Details
    • Value Estimation by Request
      6,058 SF

      3951 Metropolitan Pkwy

      GROCERY, SUPERMARKET • 6,058 SF
      3951 Metropolitan Pkwy, Sterling Heights, MI 48310-3712
      View Details
    • Value Estimation by Request
      3,797 SF

      35030 Mound Rd

      GROCERY, SUPERMARKET • 3,797 SF
      35030 Mound Rd, Sterling Heights, MI 48310-4713
      View Details
    • Value Estimation
      $11,640,000
      102,041 SF

      3605 15th Mile Rd

      GROCERY, SUPERMARKET • 102,041 SF
      3605 15th Mile Rd, Sterling Heights, MI 48310-5356
      View Details
    • Value Estimation by Request
      3,238 SF

      3909 14th Mile Rd

      GROCERY, SUPERMARKET • 3,238 SF
      3909 14th Mile Rd, Sterling Heights, MI 48310-6157
      View Details
    • Value Estimation by Request
      3,300 SF

      33026 Mound Rd

      GROCERY, SUPERMARKET • 3,300 SF
      33026 Mound Rd, Sterling Heights, MI 48310-6515
      View Details

    Similar Nearby for Sale

    • $1,350,000

      Prime Investment Opportunity

      7-Eleven property on a highly visible corner.
      3909 E 14 Mile Rd, Sterling Heights, MI 48310
      View Details
    • $800,000
      12,000 SF

      Established Grocery Store Business Opportunity

      Profitable grocery store with real estate in Sterling Heights, MI.
      36886 Ryan Rd, Sterling Heights, MI 48310
      View Details
    • $608,000
      2,970 SF

      Sterling Heights Retail Opportunity

      Commercial property for sale in Sterling Heights, Michigan.
      5556 Metropolitan Pkwy, Sterling Heights, MI 48310
      View Details
    • $1,499,000
      3,315 SF

      Former Bank Branch For Sale

      Former bank branch with drive-thru on Mound Rd available for sale.
      44547 Mound Rd, Sterling Heights, MI 48310
      View Details
    • $319,999
      1,608 SF

      Sterling Heights Multi-Use Property

      Rehabbed Sterling Heights property with high visibility and multi-use zoning.
      34641 Mound Rd, Sterling Heights, MI 48310
      View Details
    • $85,000

      Established Smoke Shop For Sale

      Turn-key smoke shop with established customer base and growth potential.
      37228 Ryan Rd, Sterling Heights, MI 48310
      View Details

    Similar Nearby for Lease

    • $2,600 /Mo

      Retail Space on Dequindre Rd

      1,300 sq ft retail space in high-traffic area.
      34714 Dequindre Rd, Sterling Heights, MI 48310
      View Details
    • $18 SF/Yr
      8,512 SF

      County Line Plaza Retail Space

      Sterling Heights retail center, high visibility
      1999 15 Mile Rd, Sterling Heights, MI 48310
      View Details
    • Contact for pricing
      29,654 SF

      Times Square Shopping Center - Sterling Heights

      High-traffic retail space available now.
      4115-4191 15 Mile Rd, Sterling Heights, MI 48310
      View Details
    • $20 SF/Yr
      5,122 SF

      Sterling Heights Retail Center

      High-traffic shopping center space available
      39036 Dequindre Rd, Sterling Heights, MI 48310
      View Details
    • Contact for pricing

      Sterling Heights Commercial Space Available

      Commercial property available for rent in Sterling Heights, Michigan.
      2609 Metro Pkwy, Sterling Heights, MI 48310
      View Details
    • $100 SF/Yr

      Medical Office Space Available

      Medical office suites for rent in Sterling Heights.
      35200 100, Sterling Heights, MI 48310
      View Details

    Property Visit Statistics

    • Visits by month
      9.1k
    • Visitors by month
      6.9k
    • Avg Time on site
      6 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    38951 Mound Rd
    Sterling Heights, MI 48310-3267
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.