Contact Property

7255 18 1/2 Mile Road

Off-Market

7255 18 1/2 Mile Road, Sterling Heights, MI 48314

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 80,200 SF
  • Lot Size 4.05 Acre
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2021

Location

  • Walk Score ® Car-Dependent (6)
  • Bike Score ® Somewhat Bikeable (33)
Powered by Walk Score ®
  • City Sterling Heights, MI
  • Neighborhood Sterling Heights
  • Zip Code 48314
  • Market Detroit

Points of Interest

Troy

8.81 miles

Royal Oak

9.63 miles

eVgo

1.51 miles

Kroger

2.49 miles

Mobil

2.68 miles

Meijer

3.56 miles

Marathon

4.26 miles

Mobil

4.40 miles

Valero

5.14 miles

Blink

6.58 miles

Sunoco

8.50 miles

Roseville, MI Supercharger

8.73 miles

Parking Lot 10

4.20 miles

Parking Lot 5C

4.23 miles

Parking Lot 8

4.37 miles

Plaza Parking

6.70 miles

Rochester Mills Building parking

7.14 miles

Lot 4

7.23 miles

Eagle's Landing Kayak & Canoe Launch Site

7.25 miles

North Hill School Parking

7.83 miles

West Branch Area E

9.30 miles

Main North Garage

9.40 miles

bd's Mongolian Grill

2.65 miles

Wok Inn Dining

3.57 miles

Burger King

3.62 miles

Tropical Smoothie Cafe

3.95 miles

Joe Kool's

4.57 miles

Lao Pot

6.01 miles

Bob Evans

6.15 miles

Little Caesars

6.52 miles

Pokeworks

6.95 miles

Super Taco

6.98 miles

Shopping Center

3.89 miles

The Shops at Sterling Ponds

4.35 miles

Kroger

4.47 miles

Polish Market

4.49 miles

TJ Maxx

5.28 miles

Sunset Plaza Shopping Center

5.57 miles

Oakland Mall

5.84 miles

Schott's Market

6.25 miles

China Town Market

6.27 miles

ALDI

6.57 miles

m2 certifications

1.69 miles

Walgreens

2.79 miles

Beaumont Medical Center, Sterling Heights

2.80 miles

William Beaumont Hospital (Troy campus)

2.99 miles

Sterling Heights Urgent Care

3.47 miles

CVS Pharmacy

3.69 miles

Troy Fire Station 5

3.77 miles

Family Dentistry

3.77 miles

Henry Ford Macomb Hospital

4.05 miles

CVS Pharmacy

4.65 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Sterling Heights

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Sterling Heights Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $19.47
  • 2021 Office Vacancy Rate 23.20%
  • 2021 Office Completions (SF)
View more Sterling Heights market trends

Tax

  • Property Tax in 2022 $68,989
  • Market Value* $2,526,751
  • Assessed Value $2,526,751

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 7255 18 1/2 Mile Road?

7255 18 1/2 Mile Road totals 80,200 square feet.

When was this property built?

7255 18 1/2 Mile Road was built in 2021.

What is the property tax for 7255 18 1/2 Mile Road?

The property tax for 7255 18 1/2 Mile Road in 2022 was $68,989.

What is the market value for 7255 18 1/2 Mile Road?

The market value* for 7255 18 1/2 Mile Road in 2022 was $2,526,751.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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