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    51341 Celeste Shelby Township, MI 48315

    Sponsored
    For Sale
    $2,475,000

    Rare Industrial Building, 23,040 SF

    Property size:
    8,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Shelby Township, Michigan industrial distribution center presents a unique investment opportunity. Located at 51341 Celeste Drive, 48315, this Class C property boasts a total area of 23,040 square feet, built in 1995. The building offers significant flexibility with a range of square footage options from 8,040 to 23,040 square feet. The property features a well-maintained, renovated front office space with epoxy floors, ready for immediate occupancy with minimal finishing touches required. The warehouse area is equipped for efficient operations, including two 5-ton cranes, bus duct, and airlines throughout. Four grade-level loading doors provide convenient access for loading and unloading. The property also includes additional land, offering potential for expansion or increased parking capacity. This free-standing building is a rare find in Shelby Township, offering a combination of functionality, modern amenities, and expansion potential. The asking price is $2,475,000. This property is ideally suited for a variety of distribution and industrial uses. Its strategic location in Macomb County, Michigan provides easy access to major transportation routes and a skilled workforce. Don't miss this chance to acquire a high-quality industrial property in a thriving market.

    Property Features for 51341 Celeste

    General Information

    Property type
    Distribution properties
    Square Feet
    8,040 SF
    Class
    C

    Building Details

    Year Built
    1995

    HighLights

    • 23,040 square feet of available space.
    • 8,040 square feet of two‑story office space.
    • Four grade‑level loading docks.
    • Two 5‑ton cranes.
    • Bus duct and air lines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -82.9917429
    Latitude
    42.6734167

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    FAQs

    What type of property is this?
    Distribution property - Rare Industrial Building, 23,040 SF
    Where is this distribution property located?
    The property is located at 51341 Celeste Shelby Township, MI.
    What is the asking price?
    The asking price for this property is $2,475,000.
    What are key features of this property?
    This property features: 23,040 square feet of available space.; 8,040 square feet of two-story office space.; Four grade-level loading docks.
    Request Owner's contact information
    51341 Celeste Shelby Township, MI 48315
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    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
    51341 Celeste Shelby Township, MI 48315
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