Entity Owned Property summary
AI-generated overview
This exceptional 4,672 square foot medical office condominium, located at 39242 Dequindre Rd in Sterling Heights, Michigan, presents a unique investment opportunity. Built in 2004, this property boasts Suites 103 & 104, offering individual entrances and separately metered utilities for optimal efficiency. The ample 2.71-acre lot provides abundant parking (5 spaces per 1,000 sq ft), a significant advantage in this high-demand area. Situated within the Maplewood Professional Center, the property benefits from a prominent monument sign on Dequindre Road, ensuring high visibility. Its convenient location offers easy access to M-59 and is just 2.5 miles from Troy Beaumont Hospital, placing it within close proximity to a major medical facility. The CON JUD zoning permits a variety of medical uses. Furthermore, the property's proximity to restaurants and shops enhances its appeal to both tenants and staff. The property's APN is 10-18-357-007. This turnkey medical office space is ideal for established practices or those seeking to expand their reach in a thriving market. The asking price is $1,295,000.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
2,908 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CON JUD
APN
10-10-18-357-001
UPID
US43-1336191
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
since 2026
3 recorded transactions
Zoning & alternative use
CON JUD · Sterling Heights, MI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$685k
Value range
$617k – $754k
±10% around blend
Estimated value / SF
$236 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$617k
blend $685k
$754k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,908 SF
Lot area
0.44 ac
Year built
2006
Stories
1
APN
10-10-18-357-001
Zoning
CON JUD
Assessed value
$180,000
Annual tax
$9,702
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$554k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.4 mi away · 2,174 SF
14.6 mi away · 2,800 SF
16.1 mi away · 2,892 SF
17.4 mi away · 2,064 SF
19.3 mi away · 3,510 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$685k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 122 sales
$123
+92%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $236/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$180k
Move the market yield to see immediate price impact.
Value / SF
$62
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$11k
$227k
$162k
$126k
$13k
$252k
$180k
$140k
$14k
$277k
$198k
$154k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$580k
2.1 mi · Feb 2026 · $195/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$9,702
Tax year 2022
Assessed value
$180,000
Assessed 2023
Previous assessed
$169,600
+6.1% YoY
Effective rate
5.39%
On assessed value
Total market value
$360,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Stories
1
Total area
2,908 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CON JUD
APN
10-10-18-357-001
UPID
US43-1336191
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
CON JUD · Sterling Heights, MIZoning CON JUD · permitted uses
CON JUD · Sterling Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Stories
1
Lot
0.44 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CON JUD
Jurisdiction
Sterling Heights, MI
Recorded code
CON JUD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CON JUD in Sterling Heights, MI.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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