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Property profile & analytics
FOR LEASE
Office buildings
39393 Van Dyke Ave Sterling, Sterling Heights, MI 48313
Entity Owned
4-yr Hold
Free & Clear
Property ID
US43-0029988
For Lease
1 / 7
$770,000
39393 Van Dyke Ave,Unit Sterling, Sterling Heights, MI 48313
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
14,000 SF
Lot
1.19 ac (51,836 SF)
Zoning code
O-1
APN
10-10-16-476-027
UPID
US43-0029988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
I Alam Anagement Group LLC · 4 yrs held
I Alam Anagement Group LLC
since 2022
Last sale
$506,361
5 recorded transactions
Zoning & alternative use
O-1 · Sterling Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sterling Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$505,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$735,000
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $506k (Jan 21 2022)
Last sale anchor
$506k
Jan 21 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$55 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$17,204
Tax year 2022
Assessed value
$378,800
Assessed 2023
Previous assessed
$350,400
+8.1% YoY
Effective rate
4.54%
On assessed value
Total market value
$757,600
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1977
Heating
FORCED AIR
Stories
2
Total area
14,000 SF
Lot
1.19 ac (51,836 SF)
Zoning code
O-1
APN
10-10-16-476-027
UPID
US43-0029988
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
O-1 · Sterling Heights, MI
Zoning O-1 · permitted uses
O-1 · Sterling Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sterling Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
FORCED AIR
Stories
2
Lot
1.19 ac
Current owner
From public records · entity-resolved
I Alam Anagement Group LLC
Entity
Free & Clear · 4 yrs held
Mailing address
38550 VAN DYKE AVE, STERLING HEIGHTS, MI 48312-1143
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$506,361
I Alam Anagement Group LLC
Sterling Manor LLC
Warranty Deed
—
Oct 19, 2021
—
Koshaya El Alam
Sterling Manor LLC
Affidavit
—
Apr 5, 2019
—
Sterling Manor LLC
—
Deed
related
$428,805 · Huntington Nat'l Bk
Aug 21, 2007
$725,000
Sterling Manor LLC
The Marco Santi Living Trust
Warranty Deed
—
—
—
Sterling Manor LLC
—
Loan Modification
related
$428,805 · Huntington Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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