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Financial
Distress signals
Property profile

43632 Schoenherr Rd Sterling Heights, MI 48313

OFF-MARKET
Commercial real estate
Property ID
US43-4251603
3.88 ac lot Built 1989
Last sale Feb 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$53k
Tax billed · 2022
Assessed value · 2023$1.70M
Effective rate3.11%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$56 – $169

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?
C-2
This district is intended to provide a combination of convenience and comparison retail goods and services serving the needs of a broader...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply41.0
Realty agency36.1
Wholesale Shop32.0

Location

43632 Schoenherr Rd Sterling Heights, MI 48313-1113
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44197 Hayes, Sterling Heights, MI 48313-1401 $4,200,000 May 2022 No data
14600 Lakeside, Sterling Heights, MI 48313-1356 $25,700,000 Dec 2019 608,632 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
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