Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

42600 Merrill Rd Sterling Heights, MI 48314

FOR LEASE
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Property ID
US43-1091054
108,000 SF 10.47 ac lot Built 1989
Last sale Nov 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$96k
Tax billed · 2022
Assessed value · 2023$3.32M
Effective rate2.90%

Value estimate

· Nov 2026
$7.92M
$7.12M – $8.71M
Submarket $/SF estimate$7.92M
NOI build-up
Gross scheduled income$829k
Vacancy & credit loss−$37k
Operating expenses−$238k
NOI · 6,340,902.86% cap applied$555k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$49 – $92

Cap rate analysis

How does the asset earn?
6,340,902.86%
$555k 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?
M-2
The M-2 Heavy Industrial District is intended to provide land for the more large-scale and intense manufacturing, fabricating and assembl...
General categoryINDUSTRIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.4
Spa & Massage15.7
Hair Salon14.6

Location

42600 Merrill Rd Sterling Heights, MI 48314
County assessor Recorded deeds · 3 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

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
42700 Mound, Sterling Heights, MI 48314-3254 $5,450,000 Aug 2021 180,140 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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