Property profile

5800 19 Mile Rd Sterling Heights, MI 48314

FOR LEASE
Commercial land
Property ID
US43-1176017
4.22 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 5800 19 Mile Road in Sterling Heights, Michigan, offers a unique opportunity for businesses seeking flexible and modern space. The property encompasses a total of 14,240 square feet across three buildings situated on a generous 4.22-acre lot. Currently, the entire 14,240 square feet is available for lease, providing significant potential for a single large tenant or multiple smaller occupants. The space is ideally suited for a variety of uses, including executive offices, medical offices, and retail establishments, reflecting its General Commercial zoning. The minimum divisible space is 5,600 square feet, while the maximum contiguous space available is 8,640 square feet, offering adaptability to diverse business needs. The property's location in Macomb County, with a Sterling Heights zip code of 48314, provides excellent access to major transportation routes and a thriving business community. This is a rare opportunity to secure a substantial and versatile commercial space in a prime location. The property's multi-building layout offers potential for customized configurations to meet specific tenant requirements. Interested parties are encouraged to inquire about lease terms and explore the possibilities this exceptional property presents. The property is categorized as Retail, Office, and Restaurant, offering a wide range of potential uses.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.22 ac (183,997 SF)
Zoning code O-1
APN 10-10-08-227-008
UPID US43-1176017

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

5800 19 Mile Rd Sterling Heights, MI 48314
Sterling Heights metro Census 230602 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
$400k

Owner & transaction history

since 2022
Last sale
$400,000
6 recorded transactions
2026
Price N/A
2024
Price N/A
2023
Price N/A
2022
$400,000
2022
$800,000
2021
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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More about this property
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