44028 Mound RdSterling Heights, MI 48314

  • Office buildings
  • 7,882 SF
For Lease
$16/SF/YR View listing

Property Details for 44028 Mound Rd

Year built
2004
Lot size
0.96 AC
Property size (Sq ft)
7,882 SF
Zone code
C-1
Property type
Office buildings
APN
10-10-04-152-044
APU
101004152044

Description

This exceptional Sterling Heights executive office space, located at 44028 Mound Rd, 48314, offers immediate occupancy in a prime location within Macomb County, Michigan. The property, known as Sterling Professional, boasts a total of 7,869 square feet and features multiple tenancy options. Currently, there are 3,100 square feet of vacant, contiguous space available, perfect for a growing business. The minimum divisible space is 1,450 square feet, while the maximum contiguous space available is 1,650 square feet. This presents a flexible solution for businesses seeking various sizes of office space. The building sits on a 0.96-acre lot and provides ample parking with 40 spaces for employees and clients. The property's convenient location in Sterling Heights offers easy access to major roadways and amenities, making it an ideal location for businesses seeking a professional and accessible workspace. The building is classified as an Executive Office space, ensuring a high-quality and modern environment. Interested parties are encouraged to inquire about the available space and explore the possibilities of establishing their business in this thriving area. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations without delay.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,639,341
    6.5%
    $1,513,238
    7%
    $1,405,149
  • Comparable approach

    Method
    Valuation
    Relative Method
    $737,282
    Geo Method
    $737,282
  • Alternative Use

    Use
    Valuation
    Residential
    $1,876,415
    Hospitality
    $1,718,786
    Educational
    $1,430,010
    Medical
    $1,479,190
    Retail
    $2,224,460

Location Insight

City
Sterling Heights
County
Macomb
State
Michigan
Latitude
42.6172
Longitude
-83.0509
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
$19,514
-
-
$381,500
-
-
-
$763,000

FAQs

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