5800 19 Mile RdSterling Heights, MI 48314

  • Commercial land
  • 4.22 AC
For Lease
$30/SF/YR View listing

Property Details for 5800 19 Mile Rd

Lot size
4.22 AC
Zone code
O-1
Property type
Commercial land
APN
10-10-08-227-008
APU
101008227008

Description

This exceptional commercial property, located at 5800 19 Mile Road in Sterling Heights, Michigan, offers a unique opportunity for businesses seeking flexible and modern space. The property encompasses a total of 14,240 square feet across three buildings situated on a generous 4.22-acre lot. Currently, the entire 14,240 square feet is available for lease, providing significant potential for a single large tenant or multiple smaller occupants. The space is ideally suited for a variety of uses, including executive offices, medical offices, and retail establishments, reflecting its General Commercial zoning. The minimum divisible space is 5,600 square feet, while the maximum contiguous space available is 8,640 square feet, offering adaptability to diverse business needs. The property's location in Macomb County, with a Sterling Heights zip code of 48314, provides excellent access to major transportation routes and a thriving business community. This is a rare opportunity to secure a substantial and versatile commercial space in a prime location. The property's multi-building layout offers potential for customized configurations to meet specific tenant requirements. Interested parties are encouraged to inquire about lease terms and explore the possibilities this exceptional property presents. The property is categorized as Retail, Office, and Restaurant, offering a wide range of potential uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $43,802,932
    Hospitality
    $40,123,248
    Educational
    $33,382,072
    Medical
    $34,530,132
    Retail
    $51,927,668

Location Insight

City
Sterling Heights
County
Macomb
State
Michigan
Latitude
42.6081
Longitude
-83.0525
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,324
-
-
$368,000
-
-
-
$736,000

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