Property profile

43525 Van Dyke Ave Sterling Heights, MI 48314

OFF-MARKET
Auto shops
Property ID
US43-0695921
3,999 SF 0.79 ac lot Built 1974
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1974
Total area 3,999 SF
Lot 0.79 ac (34,456 SF)
Zoning code C-3
APN 10-10-04-427-008
UPID US43-0695921

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop
  • Limousine Service Bus Charter
  • Auto Repair Shop
  • Auto Repair Shop

Location

43525 Van Dyke Ave Sterling Heights, MI 48314-2443
Sterling Heights metro Census 230501 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$500k
Blend (final) Blend
$325k

Owner & transaction history

since 2010
2 recorded transactions
2010
Price N/A
2010
$301,000

Zoning & alternative use

C-3 · Sterling Heights, MI
Zoning description

The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character

General category COMMERCIAL
Top alternative use upside
Commercial (general) $755,000 +118.9%
Medical building $490,000 +42.8%
Office building $475,000 +37.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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