Technical
Financial
Distress signals
Property profile

5993 E 14 Mile Rd Sterling Heights, MI 48312

FOR LEASE
Industrial land
Property ID
US43-0068350
0.41 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 11,954-square-foot industrial property, built in 2024, presents a rare opportunity for a single tenant. Located in the desirable Macomb West submarket, this brand-new manufacturing and warehouse space boasts a prime location with tremendous frontage on Fourteen Mile Road in the Mound Road Corridor. The building features a spacious 0.82-acre lot with a concrete parking lot, providing ample space for loading, unloading, and employee parking. The interior offers a 22-foot ceiling height, ideal for various industrial uses, and includes two convenient drive-in doors for easy access. The property is zoned M-1, ensuring flexibility for a range of manufacturing and warehousing operations. Power is readily available with 600 and 240-volt service. The building's address is 5993 E 14 Mile Rd, with Mound Rd as a cross street. This is a turnkey operation; everything is new. Don't miss this chance to secure a state-of-the-art facility in a highly sought-after location. The entire 11,954 square feet is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.41 ac (17,772 SF)
Zoning code M-1
APN 10-10-33-353-010
UPID US43-0068350

Cap rate & NOI

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

Location

5993 E 14 Mile Rd Sterling Heights, MI 48312
Sterling Heights metro Census 982002 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
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Comparable Approach Comparable
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Blend (final) Blend
$105k

Owner & transaction history

since 2023
Last sale
$105,000
4 recorded transactions
2023
Price N/A
2014
$105,000
2006
$217,000
1969
Price N/A

Zoning & alternative use

M-1 · Sterling Heights, MI
Zoning description

The M-1 Light Industrial District is intended to accommodate industrial activities whose external effects are minimal and in no way detrimental to surrounding districts, plus wholesale, warehousing and intensive service…

General category INDUSTRIAL

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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