Realmo Analytics
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Property summary
This exceptional 2,694 square foot commercial property, located at 5600 15 Mile Rd in Sterling Heights, Michigan, presents a unique investment opportunity. The vacant building, built in 1940, sits on a 0.94-acre lot (200.00 x 264.00 feet) with 200 feet of road frontage. Zoned for commercial use (APN 1032226030), this single-story structure offers a blank canvas for various business ventures or renovations. The property features a poured basement foundation, forced-air natural gas heating,… and is connected to public sewer and municipal water. Its prime location, two blocks west of Mound Road and on the south side of 15 Mile Road, provides easy access to major thoroughfares, shopping centers, restaurants, and other amenities. The building's existing structure, combined with the spacious lot, allows for potential expansion or customization to suit specific business needs. This property is offered at $449,900 and represents a strong investment opportunity in a desirable Sterling Heights location. The property is currently vacant, allowing for immediate occupancy and customization. Buyers are encouraged to conduct their own due diligence.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records and 17 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,694 SF
- Lot area
- 0.94 ac
- Year built
- 1940
- APN
- 10-10-32-226-030
- Zoning
- O-1
- Assessed value · 2023
- $103,600
- Annual tax · 2022
- $4,117
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
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
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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