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Property profile & analytics
OFF-MARKET Estimated value $1,635,000
Turn key restaurants

44350 Schoenherr Rd Sterling Heights, MI 48313-1143

8,171 SF 1.55 ac lot Built 2005
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US43-1324858
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Total area 8,171 SF
Lot 1.55 ac (67,518 SF)
Zoning code C-2
APN 10-10-01-105-010
UPID US43-1324858
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
$1.64M
Blend (final) Blend
$1.64M
Owner & transaction history
Lavdas Investements LLC · 6 yrs held
Lavdas Investements LLC
since 2020
6 recorded transactions
2025
Price N/A
2020
Price N/A
2020
Price N/A
2018
Price N/A
2012
Price N/A
2007
Price N/A
Zoning & alternative use
C-2 · Sterling Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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