Property profile

4515 Metropolitan Pkwy Sterling Heights, MI 48310

OFF-MARKET
Medical Office Space
Property ID
US43-1210533
2,296 SF 0.61 ac lot Built 1974
Trust Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1974
Total area 2,296 SF
Lot 0.61 ac (26,354 SF)
Zoning code O-1
APN 10-10-20-379-018
UPID US43-1210533

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4515 Metropolitan Pkwy Sterling Heights, MI 48310-3901
Sterling Heights metro Census 231400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2013
Price N/A

Zoning & alternative use

O-1 · Sterling Heights, MI
Zoning description

The O-1 Business and Professional Office District is designed to provide a suitable environment for various types of office uses performing administrative, professional and related service occupations

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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