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Property profile & analytics
OFF-MARKET Estimated value $1,855,000
Drug stores

43034 Dequindre Rd Sterling Heights, MI 48314-1722

11,068 SF 1.76 ac lot Built 2000
Entity Owned 3-yr Hold Free & Clear
Property ID
US43-4199235
Property summary
AI-generated overview

This exceptional 11,086-square-foot medical office building presents a unique investment opportunity in the thriving Sterling Heights, Michigan market. Located at 43034 Dequindre Road, this single-tenant property sits on a generous 1.76-acre lot and offers significant potential for redevelopment or immediate occupancy. Built in 2000, the building is zoned C-1, allowing for a variety of commercial uses. The entire 11,086 square feet is currently vacant, providing a blank canvas for a new owner to customize the space to their specific needs. The property's strategic location in Macomb County offers easy access to major roadways and a dense population base, ensuring high visibility and accessibility for any medical practice or related business. The building's substantial size and ample land provide room for expansion or the addition of complementary services. This is a rare chance to acquire a well-situated, sizable property in a desirable location with significant upside potential. The property's history as a former Rite Aid pharmacy speaks to its established location and strong potential for future success. This turnkey opportunity is ideal for investors seeking a high-return investment in a growing market. The property is ready for immediate occupancy and customization.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2000
Total area 11,068 SF
Lot 1.76 ac (76,840 SF)
Zoning code C-1
APN 10-10-06-300-029
UPID US43-4199235
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
by Request
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$1.86M
Owner & transaction history
43034 Sterling Heights Mi LLC · 3 yrs held
43034 Sterling Heights Mi LLC
since 2022
5 recorded transactions
2022
Price N/A
2022
Price N/A
2018
$900,660
2014
Price N/A
2013
$1.5M
Zoning & alternative use
C-1 · Sterling Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.6M +35.9%
Medical building $1.4M +17.7%
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