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    5102 23 Mile Rd, Unit 5102 Shelby Township, MI 48316

    For Lease
    $1,350 /Mo

    Office or retail space available for lease in Shelby Township.

    Lot size:
    0.91 Acres

    Property Features for 5102 23 Mile Rd

    General Information

    Lot size
    0.91 Acres

    Building Details

    Year built
    1988

    Source: 1st Choice Realty & Prop Mgmt Agent Greg Gagnon

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

    Overview

    Shelby Township Office/Retail Space

    This office or retail space is ideally located and suitable for various businesses, including real estate offices, law offices, and title companies. Other uses are permitted according to the City Code. The property features a ceramic tiled front entry room that leads into a large open space. The space is equipped with professional ceiling tiles and commercial-grade carpeting for easy maintenance. A rear door provides access to additional parking for employees and staff. The space at 5102 23 Mile currently has an open archway that allows combined access with the space at 5100 23 Mile for additional area. The landlord is willing to close in the opening and paint the space if only 5102 is leased. Tenant signage is available. The modified net lease includes water utility, maintenance, and snow removal of parking lots. Tenants are responsible for gas and electric utilities. The landlord prefers lease terms of 3-5 years.
    Location Intelligence

    Current Use by Public Records

    WAM Logistics Logistics Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.060717
    Latitude
    42.668329

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    FAQs

    What type of property is this?
    Office space - Office or retail space available for lease in Shelby Township.
    Where is this office space located?
    The property is located at 5102 23 Mile Rd, Unit 5102 Shelby Township, MI.
    What are key features of this property?
    This property features: - Ideal location for professional office/retail use, perfect for real estate, law, title, etc.; - Modified net lease includes water, maintenance, and snow removal.; - Large open space featuring professional ceiling tiles and commercial-grade carpeting.
    (586) 419-9900
    Request Owner's contact information
    5102 23 Mile Rd, Unit 5102 Shelby Township, MI 48316
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    5102 23 Mile Rd, Unit 5102
    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
    5102 23 Mile Rd, Unit 5102 Shelby Township, MI 48316
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