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    45100 Mound Rd Shelby Township, MI 48317

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    For Sale
    $2,300,000

    Retail property with frontage on M-59 and Mound Road.

    Property size:
    19,635 SF

    Property Features for 45100 Mound Rd

    General Information

    Size
    19,635 SF

    Building Details

    Year built
    1977
    Source: Tcnworldwide

    Listing Agent: Ben Wilkiemeyer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    M-59 & Mound Road Frontage

    This property presents a rare purchase opportunity, featuring access and frontage on both M-59, with 264 feet of frontage, and Mound Road, offering 150 feet of frontage. Formerly a racquetball facility, the 19,635 square foot property could be repurposed for similar use. It also holds great potential for a complete retail development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.051053
    Latitude
    42.625856

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    FAQs

    What type of property is this?
    Retail property - Retail property with frontage on M-59 and Mound Road.
    Where is this retail property located?
    The property is located at 45100 Mound Rd Shelby Township, MI.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Dual frontage on M-59 (264') and Mound Road (150').; - High potential for retail development.; - Rare purchase opportunity.
    (248) 948-9000
    Request Owner's contact information
    45100 Mound Rd Shelby Township, MI 48317
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    Shelby Township, MI 48317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45100 Mound Rd Shelby Township, MI 48317
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