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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Turn key restaurants
44805 Mound Rd Sterling Heights, MI 48314-1327
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US43-1816722
Property summary
AI-generated overview
This exceptional 6,544-square-foot commercial property, formerly a Uno Pizzeria & Grill, is available for lease. Located at 44805 Mound Road in Sterling Heights, Michigan, 48314, this single-tenant retail space sits on a generous 1.53-acre lot. The property is zoned C-4, offering a wide range of potential uses. The entire building is currently vacant, presenting a unique opportunity for a new business to establish itself in a high-visibility location within Macomb County. The building's substantial size provides ample space for a variety of restaurant or retail concepts. Its prime location on Mound Road ensures high traffic volume and excellent exposure to potential customers. This property is ideal for an entrepreneur seeking a well-situated, sizable space to launch or expand their business. The expansive lot size also offers potential for future development or expansion. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Sterling Heights, Michigan, within Macomb County.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Total area
6,544 SF
Lot
1.53 ac (66,647 SF)
Zoning code
C-4
APN
10-10-05-200-040
UPID
US43-1816722
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
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.14M
Owner & transaction history
3 Star Investments Mound LLC · 1 yrs held
3 Star Investments Mound LLC
since 2024
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
C-4 · Sterling Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sterling Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,140,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$930,000
Current use
MEDICAL BUILDING
$805,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.14M (Oct 4 2024)
Last sale anchor
$1.14M
Oct 4 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$174 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$34,806
Tax year 2023
Assessed value
$717,400
Assessed 2024
Previous assessed
$717,400
+0.0% YoY
Effective rate
4.85%
On assessed value
Total market value
$1,434,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Stories
1
Total area
6,544 SF
Lot
1.53 ac (66,647 SF)
Zoning code
C-4
APN
10-10-05-200-040
UPID
US43-1816722
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
C-4 · Sterling Heights, MI
Zoning C-4 · permitted uses
C-4 · Sterling Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sterling Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$930,000
MEDICAL BUILDING
Est. value
$805,000
RESTAURANT Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
FORCED AIR
Stories
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
3 Star Investments Mound LLC
Entity
Mailing address
43231 SCHOENHERR RD, STERLING HEIGHTS, MI 48313-1957
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2024
$1,137,500
3 Star Investments Mound LLC
Herc LLC
Warranty Deed
$1,315,156 · Tri County Bank
Dec 19, 2018
—
Herc LLC
—
Deed
related
$1,200,000 · Mbank
—
—
Herc LLC
—
Deed Of Trust
related
$865,000 · Mbank
—
—
Herc LLC
—
Loan Modification
related
$1,200,000 · Mbank
—
—
H E R C LLC
—
Deed Of Trust
related
$902,000 · Metro Growth & Developmen
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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