Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    44350 Schoenherr Rd Sterling Heights, MI 48313-1143
    Back to Search
    Property profile & analytics

    44350 Schoenherr Rd Sterling Heights, MI 48313-1143


    • Turn key restaurants
    • 8,171 SF
    • 1.55 lot acres
    Off-Market
    Last Sale Mar 12, 2020
    Property ID
    US43-1324858
    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.

    Value Estimations
    $1,635,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 44350 Schoenherr Rd

    Year built
    2005
    Lot size
    1.55 lot acres
    Property size
    8,171 SF
    Zone code
    C-2
    Property type
    Turn key restaurants
    APN
    10-10-01-105-010
    APU
    101001105010

    Description

    This exceptional 7,641 square foot former restaurant space is available for lease in the thriving Sterling Heights, Michigan market. Located at 44350 Schoenherr Rd, this single-tenant property sits on a generous 1.55-acre lot and offers ample parking with 95 spaces. The building is zoned C-2, providing flexibility for a variety of restaurant or retail uses. The entire 7,641 square feet is currently vacant, presenting a blank canvas for a new tenant to customize and create their ideal space. The property's strategic location in Macomb County ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a substantial, well-located commercial property in a dynamic area with significant potential for growth. The ample parking significantly enhances the property's appeal to potential tenants and customers. The C-2 zoning allows for a wide range of commercial uses, making it an attractive investment for businesses seeking a versatile and adaptable space. The property's size and location make it ideal for a variety of restaurant concepts or other retail establishments. This is a turnkey opportunity to establish a successful business in a high-traffic area. The 1.55-acre lot provides ample space for outdoor seating or other potential expansions. Serious inquiries are encouraged to explore this outstanding commercial real estate offering.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,636,000
      Market price range: $709k - $1.93M
      AI Estimate
      $1,636,000
      Market price range: $709k - $1.93M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,160,000
      Current use
      MEDICAL BUILDING
      $1,005,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sterling Heights
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9919
    Latitude
    42.6208
    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
    $40,800
    $0.00
    $0.00
    $794,700
    -
    $0.00
    $0.00
    $1,589,400
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message