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    50845 Rizzo Dr Shelby Township, MI 48315

    For Lease
    $9 SF/Yr ($7,441 /Mo)

    Industrial space for lease in Shelby Township, Michigan.

    Property size:
    9,400 SF
    Lot size:
    9,400 SF

    Property Features for 50845 Rizzo Dr

    General Information

    Size
    9,400 SF

    Building Details

    Year built
    1990

    Source: Harrison Yaldoo Agent Harrison Yaldoo

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

    Overview

    Shelby Township Industrial Space Available

    Industrial space is available for lease in Shelby Township, Michigan, located off 23 Mile Road and Schoenherr Road. The available space is in a multi-tenant building. One space offers 4,700 square feet. The unit includes a 10x12 overhead door and 18-foot clear ceiling heights. It features 1200 Amps, 3 Phase power. Private onsite parking is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LDB Plastics Plastic Fabrication Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -82.9879629
    Latitude
    42.6695811

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    FAQs

    What type of property is this?
    Flex space - Industrial space for lease in Shelby Township, Michigan.
    Where is this flex space located?
    The property is located at 50845 Rizzo Dr Shelby Township, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - 4,700 SF Available Space; - 1200 Amps, 3 Phase Power; - Benefit from 18 FT Clear Ceiling Heights
    (313) 953-0430
    Request Owner's contact information
    50845 Rizzo Dr Shelby Township, MI 48315
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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
    50845 Rizzo Dr Shelby Township, MI 48315
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