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Financial
Distress signals
Property profile

40700 Van Dyke Ave Sterling Heights, MI 48313

OFF-MARKET
Outlet malls
Property ID
US43-1092437
59,920 SF 5.49 ac lot Built 1971
Last sale Jan 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Van Dyke 18 Commons presents a compelling retail leasing opportunity in the thriving Sterling Heights submarket. This single-story, 59,920 square foot building, constructed in 1971, offers a flexible layout ideal for multiple tenants. Currently, 5,466 square feet of contiguous space is available, representing a significant portion of the total vacant space. The minimum divisible space is 2,606 square feet, providing options for businesses of varying sizes. The property is zoned C-3 General…

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.

Debts

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?
$61k
Tax billed · 2022
Assessed value · 2023$2.31M
Effective rate2.64%

Value estimate

· Oct 2026
$6.59M
$5.93M – $7.25M
Submarket $/SF estimate$6.59M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 339 recorded sales of this use type
Observed band · Q1–Q3$57 – $168

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?
C-3
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not nece...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.2
Hair Salon13.4
Spa & Massage11.9

Location

40700 Van Dyke Ave Sterling Heights, MI 48313-3741
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13801 Lakeside, Sterling Heights, MI 48313-1317 $1,450,000 Apr 2025 44,564 SF
14200 Lakeside, Sterling Heights, MI 48313-1324 $3,000,000 Sep 2024 205,700 SF
14150 Lakeside, Sterling Heights, MI 48313-1322 $25,700,000 Dec 2019 120,000 SF
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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