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Financial
Distress signals
Property profile

5800 19 Mile Rd Sterling Heights, MI 48314

FOR LEASE
Commercial land
Property ID
US43-1176017
4.22 ac lot
Last sale Jan 2022 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a newly constructed gas station and retail center designed for leasing, located at the southwest corner of Mound Road and 19 Mile Road at a signalized intersection. The convenience store component is 5,520 square feet. The development is organized in phases, with Phase I featuring a retail center that includes a Dairy Queen co-tenant, and Phase II consisting of a medical/office building situated at the rear of the property.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$368k
Effective rate2.53%

Value estimate

· Oct 2026
$400k
$360k – $440k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 95,896.67% cap applied$29k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$188/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$104 – $285

Cap rate analysis

How does the asset earn?
95,896.67%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
O-1
The O-1 Business and Professional Office District is designed to provide a suitable environment for various types of office uses performi...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage12.6
Hair Salon12.4
Pharmacy10.8

Location

5800 19 Mile Rd Sterling Heights, MI 48314
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11124 Hall, Sterling Heights, MI 48314-1539 $1,200,000 Dec 2024 No data
5875 Crk, Sterling Heights, MI 48314-3017 $190,000 Sep 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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