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Financial
Distress signals
Property profile

42140 Van Dyke Ave Sterling Heights, MI 48314

FOR SALE
Office buildings
Property ID
US43-1317222
22,000 SF 1.93 ac lot Built 1977
Last sale Aug 2020 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Sterling Heights office property, located at 42144 Van Dyke Ave (cross streets: Van Dyke Ave | 18 1/2 Mile), offers a variety of flexible workspace options. The building, constructed in 1985 and extensively renovated in 2021, boasts a total of 22,000 square feet across two stories. The property is zoned C-2 and sits on a generous 2.5-acre lot, providing ample parking with 100 spaces available. Currently, there are 3,000 square feet of vacant space available, divisible into…

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?
$30k
Tax billed · 2022
Assessed value · 2023$604k
Effective rate4.94%

Value estimate

· Oct 2026
$1.33M
$1.20M – $1.46M
CAP approach$1.25M
NOI build-up
Gross scheduled income$409k
Vacancy & credit loss−$32k
Operating expenses−$94k
NOI · 1,770,431.25% cap applied$283k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$82 – $179
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,770,431.25%
$283k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
This district is intended to provide a combination of convenience and comparison retail goods and services serving the needs of a broader...
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 agency25.7
Restaurant19.4
Spa & Massage19.4

Location

42140 Van Dyke Ave Sterling Heights, MI 48314
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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