Realmo Analytics

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Property profile

42800 Merrill Rd Sterling Heights, MI 48314

OFF-MARKET
Other industrial properties
Property ID
US43-1798314
13,648 SF 1.15 ac lot Built 1989
Last sale Feb 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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Market Trends Soon

Property summary

AI-generated overview

A newly constructed office building with 2,600 square feet of office area, built to tenant specifications. The property is positioned to provide exposure from a main road and is zoned M-2.

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?
$2k
Tax billed · 2022
Assessed value · 2023$356k
Effective rate0.66%

Value estimate

· Nov 2026
$355k
$320k – $391k
Submarket $/SF estimate$849k

Realmo valuation models over county records and 22 qualifying comparable sales.

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
Qualifying comparables22

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?
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
Realty agency15.2

Location

42800 Merrill Rd Sterling Heights, MI 48314-3246
County assessor Recorded deeds · 5 transfers 22 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6621 Cotter, Sterling Heights, MI 48314-2151 $1,100,000 Sep 2023 12,939 SF
42200 Mound, Sterling Heights, MI 48314-3145 $950,000 Apr 2019 14,012 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

Ask Rey → ChatGPT Grok Claude
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