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Property profile & analytics
FOR LEASE
Medical Office Space
9001 15 Mile Rd, Sterling Heights, MI 48312
Entity Owned
3-yr Hold
Free & Clear
Property ID
US43-1189396
For Lease
1 / 5
$14 SF/Yr
9001 15 Mile Rd, Sterling Heights, MI 48312
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Property summary
AI-generated overview
This single-story, 6,557 square foot Class B medical office building is located at 9001 15 Mile Rd, Sterling Heights, MI 48312, in Macomb County. The property sits on a 0.77-acre lot and was built in 1978. Currently, 1,450 square feet of contiguous space is available for lease. The minimum divisible space is also 1,450 square feet. The building features package heating and cooling. Ample parking is available for tenants and visitors. The property is zoned O-1 and its APN is 10-10-27-451-025. This well-maintained building offers a convenient location on 15 Mile Road, west of Dodge Park Road, in a desirable Sterling Heights location. The available suite presents an excellent opportunity for medical professionals seeking a functional and accessible office space. This is the last available suite in the building.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
BRICK
Total area
6,557 SF
Lot
0.77 ac (33,585 SF)
Zoning code
O-1
APN
10-10-27-451-025
UPID
US43-1189396
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
$782k
Blend (final)
Blend
$740k
Owner & transaction history
Audish Enterprises LLC · 3 yrs held
Audish Enterprises LLC
since 2022
Last sale
$710,000
3 recorded transactions
Zoning & alternative use
O-1 · Sterling Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$930,000
+15.4%
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
$710,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$805,000
Current use
RESTAURANT
$930,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: -4% · Conversion: Easy
RETAIL STORES
$685,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $710k (Aug 18 2022)
Last sale anchor
$710k
Aug 18 2022
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
$113 / 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
$14,080
Tax year 2022
Assessed value
$357,300
Assessed 2023
Previous assessed
$332,800
+7.4% YoY
Effective rate
3.94%
On assessed value
Total market value
$714,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1978
Construction
BRICK
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
6,557 SF
Lot
0.77 ac (33,585 SF)
Zoning code
O-1
APN
10-10-27-451-025
UPID
US43-1189396
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
O-1 · Sterling Heights, MI
Zoning O-1 · permitted uses
O-1 · 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
MEDICAL BUILDING Current
Est. value
$805,000
RESTAURANT
Est. value
$930,000
OFFICE BUILDING
Est. value
$775,000
RETAIL STORES
Est. value
$685,000
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
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
1978
Construction
BRICK
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Audish Enterprises LLC
Entity
Free & Clear · 3 yrs held
Mailing address
55618 SAINT REGIS DR, SHELBY TOWNSHIP, MI 48315-6653
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Aug 18, 2022
—
Audish Enterprises LLC
Iverdi Investments LLC
Land Contract
—
Feb 8, 2013
—
Iverdi Investments LLC
Iverdi Investments LLC
Quit Claim Deed
related
$375,000 · Level One Bank
Feb 24, 2005
—
Roxie Investments LLC
Coleman,walter & Judith
Warranty Deed
$475,000 · Flagstar Bank Fsb
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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