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    56261-56293 Van Dyke Ave Shelby Township, MI 48316

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    For Lease
    $35 SF/Yr ($4,666 /Mo)

    Newly developed retail space with potential drive-thru in Shelby.

    Property size:
    1,600 SF
    Lot size:
    3.00 Acres

    Property Features for 56261-56293 Van Dyke Ave

    General Information

    Size
    1,600 SF
    Lot size
    3.00 Acres

    Source: Landmark Commercial Real Estate Services Agent Louis Ciotti

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

    Overview

    New Retail Center End Cap

    This newly developed retail center features an available south end cap space. The property offers potential for a drive-thru. It benefits from excellent visibility and is situated in a growing trade area. Nearby retailers include Kroger Marketplace, Target, and Kohl's. The property offers 1,600 square feet of retail space and is located on Van Dyke Avenue in Shelby Township, Michigan.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -83.035692
    Latitude
    42.709132

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    FAQs

    What type of property is this?
    Retail space - Newly developed retail space with potential drive-thru in Shelby.
    Where is this retail space located?
    The property is located at 56261-56293 Van Dyke Ave Shelby Township, MI.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Newly Developed Retail Center; - South End Cap Space Available with **Potential Drive-Thru**; - **Excellent Visibility** in a Growing Trade Area
    (248) 488-2620
    Request Owner's contact information
    56261-56293 Van Dyke Ave Shelby Township, MI 48316
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    Shelby Township, MI 48316
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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
    56261-56293 Van Dyke Ave Shelby Township, MI 48316
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