45100 Mound Road, Shelby Township, MI 48317
Retail property with frontage on M-59 and Mound Road.
- Added:
- Sep 25, 2025
- Days on Market:
- 262
- Last Refresh:
- May 8 at 8:31 pm
Property Features for 45100 Mound Road
General Information
- Standard status
- Active
- Size
- 19,635 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1977
Listing agent Ben Wilkiemeyer License #MI 6501295481 (248) 404-7015
Listing office Signature Associates (248) 404-7015
Listing date Sep 25, 2025
Source Tcnworldwide
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates
HighLights
- Dual frontage on M‑59 (264') and Mound Road (150').
- High potential for retail development.
- Rare purchase opportunity.
- Former racquetball facility.
- Repurpose for similar use.
- Built in 1977.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $235.6k | $12.00 |
| − Vacancy | −$28.3k | −$1.44 |
| EGI | $207.3k | $10.56 |
| − OpEx | −$62.2k | −$3.17 |
| NOI | $145.1k | $7.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shelby Township
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0511
- Latitude
- 42.6259
