Financial
Distress signals
Property profile

8220 Irving Rd Sterling Heights, MI 48312

FOR SALE
Office buildings
Property ID
US43-0587582
25,454 SF 3.85 ac lot Built 1965
Last sale Dec 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office building that was renovated in 2023. It was constructed to accommodate both single and double office suites, with a layout designed for flexible tenant configurations. The site includes ample parking and additional acreage that supports potential future expansion.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$25k
Tax billed · 2022
Assessed value · 2023$1.01M
Effective rate2.44%

Value estimate

· Sep 2026
$2.70M
$2.43M – $2.96M
Submarket $/SF estimate$2.70M
NOI build-up
Gross scheduled income$482k
Vacancy & credit loss−$58k
Operating expenses−$106k
NOI · 17.18% cap applied$318k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$118/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$82 – $179

Cap rate analysis

How does the asset earn?
17.18%
$318k 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?
C-3
The C-3 General Business District is designed to provide for a wide diversity of business activities which are predominantly but not nece...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.9
Hair Salon12.0
Dental Office10.0

Location

8220 Irving Rd Sterling Heights, MI 48312
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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36250 Van Dyke, Sterling Heights, MI 48312-2758 $5,300,000 May 2025 93,403 SF
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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