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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Commercial real estate
43103 Schoenherr Rd, Sterling Heights, MI 48313-1955
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US43-0812227
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Total area
3,653 SF
Lot
0.6 ac (26,049 SF)
Zoning code
CON JUD
APN
10-10-02-480-023
UPID
US43-0812227
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
$1.04M
Blend (final)
Blend
$1.05M
Owner & transaction history
Zax Sterling Heights LLC · 2 yrs held
Zax Sterling Heights LLC
since 2024
7 recorded transactions
Zoning & alternative use
CON JUD · Sterling Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sterling Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$286 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$20,494
Tax year 2022
Assessed value
$401,900
Assessed 2023
Previous assessed
$401,900
+0.0% YoY
Effective rate
5.10%
On assessed value
Total market value
$803,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Stories
1
Total area
3,653 SF
Lot
0.6 ac (26,049 SF)
Zoning code
CON JUD
APN
10-10-02-480-023
UPID
US43-0812227
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
CON JUD · Sterling Heights, MI
Zoning CON JUD · permitted uses
CON JUD · Sterling Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sterling Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Zax Sterling Heights LLC
Entity
Mailing address
47455 BELLAGIO DR, NORTHVILLE, MI 48167-9790
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
—
Zax Sterling Heights LLC
Brookshire Properties LLC
Assignment Of Agreement Of Sale
—
Nov 3, 2021
—
Zax Sterling Heights LLC
Brookshire Properties LLC
Land Contract
—
Oct 1, 2015
$550,000
Brookshire Properties LLC
Didia Investments INC
Warranty Deed
$375,000 · First State Bank
Sep 28, 2010
$450,000
Didia Investments LLC
Brookshire Properties LLC
Warranty Deed
—
Apr 30, 2007
—
Car Wash Builders INC
American Land INC
Quit Claim Deed
related
—
Mar 14, 2006
—
Car Wash Builders INC
Schoenherr Car Wash Land LLC
Quit Claim Deed
related
—
Mar 7, 2006
—
American Land INC
Brookside Investments LLC
Grant Deed
—
Feb 8, 2006
—
Schoenherr Car Wash Land LLC
—
Deed Of Trust
related
$3,250,000 · Citizens State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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