Property profile

8051 Independence Dr Sterling Heights, MI 48313

OFF-MARKET
Medical Office Space
Property ID
US43-0085864
4,508 SF 0.43 ac lot Built 1966
Entity Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1966
Total area 4,508 SF
Lot 0.43 ac (18,513 SF)
Zoning code C-3
APN 10-10-15-151-012
UPID US43-0085864

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
  • Consultant Health Consultant
  • Alternative Medicine Practice

Location

8051 Independence Dr Sterling Heights, MI 48313-3825
Sterling Heights metro Census 230902 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2019
3 recorded transactions
2019
$260,000
2006
$505,000
1969
Price N/A

Zoning & alternative use

C-3 · Sterling Heights, MI
Zoning description

The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not necessarily totally retail in character

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8051 Independence Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message