43632 Schoenherr Rd Sterling Heights, MI 48313-1113
Property profile & analytics
43632 Schoenherr Rd Sterling Heights, MI 48313-1113
- Commercial real estate
- 3.88 lot acres
Property ID
US43-4251603
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 43632 Schoenherr Rd
- Year built
- 1989
- Lot size
- 3.88 lot acres
- Zone code
- C-2
- Property type
- Commercial real estate
- APN
- 10-10-01-310-019
- APU
- 101001310019
Description
Lakeview Square Shopping Center presents a prime retail and restaurant investment opportunity in the thriving Sterling Heights submarket. This Class B property, built in 1987, comprises two single-story buildings totaling 30,600 square feet and offering 13 suites. Currently, 3,470 square feet are vacant, divisible into units ranging from a minimum of 1,700 square feet to a maximum contiguous space of 4,900 square feet. The center boasts a diverse tenant mix and benefits from its strategic location at the northeast corner of Canal and Schoenherr Roads, a high-traffic area in the northeast metro-Detroit market. Its proximity to Lakeside Mall and Hall Road, coupled with the addition of a Kroger Fuel Center outparcel in 2016, ensures high visibility and customer traffic. The property features ample parking with 240 spaces, although elevators are not available. Recent improvements include a new parking lot (2016), a new digital road sign (2017), and ongoing landscaping and other updates, demonstrating the owner's commitment to maintaining the center's appeal. This well-maintained center offers a compelling opportunity for businesses seeking a strong presence in a dynamic retail corridor. The property is ideally suited for a variety of retail and restaurant concepts, providing flexible space options to accommodate diverse needs. Consider this exceptional opportunity to establish or expand your business in a high-demand location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sterling Heights
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9909
- Latitude
- 42.6156
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$53,020
$0.00
$0.00
$1,702,400
-
$0.00
$0.00
$3,404,800
