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Property profile & analytics
OFF-MARKET
Estimated value
$11,280,000
Industrial properties
6363 14th Mile Rd, Sterling Heights, MI 48312-5804
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-0113361
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Total area
122,506 SF
Lot
6.17 ac (268,765 SF)
Zoning code
M-2
APN
10-10-33-376-012
UPID
US43-0113361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.28M
Blend (final)
Blend
$11.28M
Owner & transaction history
G&i Xi Bkg Pool II LLC · 3 yrs held
G&i Xi Bkg Pool II LLC
since 2023
3 recorded transactions
Zoning & alternative use
M-2 · Sterling Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$17.4M
+99.0%
Medical building
$15.0M
+72.4%
Office building
$14.5M
+65.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sterling Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling Heights submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,730,000
Current use
RESTAURANT
$17,365,000
Change: +99% · Conversion: Difficult
MEDICAL BUILDING
$15,045,000
Change: +72% · Conversion: Difficult
OFFICE BUILDING
$14,480,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$12,780,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,535,000
Change: +21% · Conversion: Easy
WAREHOUSE, STORAGE
$8,260,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$11.28M
Range $10.15M – $12.41M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$207,759
Tax year 2022
Assessed value
$4,983,100
Assessed 2023
Previous assessed
$4,592,200
+8.5% YoY
Effective rate
4.17%
On assessed value
Total market value
$9,966,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Stories
1
Total area
122,506 SF
Lot
6.17 ac (268,765 SF)
Zoning code
M-2
APN
10-10-33-376-012
UPID
US43-0113361
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
M-2 · Sterling Heights, MI
Zoning M-2 · permitted uses
M-2 · Sterling Heights, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sterling Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.7M
RESTAURANT
Est. value
$17.4M
MEDICAL BUILDING
Est. value
$15.0M
OFFICE BUILDING
Est. value
$14.5M
RETAIL STORES
Est. value
$12.8M
AUTO REPAIR, GARAGE
Est. value
$10.5M
WAREHOUSE, STORAGE
Est. value
$8.3M
INDUSTRIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
FORCED AIR
Stories
1
Lot
6.17 ac
Current owner
From public records · entity-resolved
G&i Xi Bkg Pool II LLC
Entity
Mailing address
30100 TELEGRAPH RD STE #366, BINGHAM FARMS, MI 48025-5800
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
—
G&i Xi Bkg Pool II LLC
Bkg 6363 14 Mile LLC
Intrafamily Transfer
related
$350,000 · Old National Bank
May 11, 2016
—
Bkg 6363 14 Mile LLC
Granite Reit America INC
Deed
$6,022,500 · Old National Bank
Dec 15, 2010
—
Mi Devs America INC
6700 Ltd
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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