5775 14th Mile Rd Sterling Heights, MI 48310-6538
This exceptional freestanding commercial property, located at 5775 E 14 Mile Rd in Sterling Heights, Michigan, presents a unique investment opportunity. The building, formerly a bank branch, offers 3,173 square feet of vacant space, ideal for a variety of retail uses. Situated on a generous 2.81-acre lot, the property provides ample space for parking and potential expansion. The zoning designation is O-1, within Macomb County. The single-tenant occupancy allows for complete control and customization of the space. The building's previous use as a bank branch suggests a robust structure and potentially desirable features. This property is perfect for businesses seeking high visibility and accessibility in a thriving Sterling Heights location. The 48310 zip code offers a strong demographic profile. The property's size and location make it an attractive option for a wide range of retail businesses. Serious inquiries are encouraged to explore the possibilities this prime retail space offers. The property is currently available for lease.
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O-1 · Sterling Heights, MIThe 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
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.