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    Pearson Rd Shelby Township, MI 48315

    Sponsored
    For Sale
    $475,000

    Prime Shelby Township development land, R-1-B zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.99-acre commercial land parcel presents a unique investment opportunity in Shelby Township, Michigan. Located at 0 N Pearson Rd, this property boasts convenient access to major thoroughfares, including the 26 Mile Rd and M-53 interchange, providing seamless connectivity to a wide range of businesses and amenities. The site's strategic position offers easy access to numerous national retailers, making it an ideal location for various commercial ventures. Furthermore, its proximity to Stoney Creek Metro Park adds to its appeal. The property is zoned R-1-B, allowing for the development of residential lots, with zoning permitting lots of 1/3 of an acre and 90 feet wide. The parcel's size and zoning flexibility offer significant potential for diverse development projects. With an asking price of $475,000, this translates to $119,048 per acre. The property's location within the Romeo community school district is an added advantage. The APN is 23-07-03-201-007. This represents one of the last remaining undeveloped areas in Shelby Township, making this a truly rare and valuable opportunity. The property is situated in Macomb County, Michigan, with a zip code of 48315. This prime location offers exceptional visibility and accessibility, making it an attractive proposition for discerning investors and developers.

    Property Features for 0 Pearson Rd

    General Information

    Property type
    Land
    Lot Size
    173,804 SF

    HighLights

    • 3.99‑acre parcel zoned R‑1‑B for residential development.
    • Zoning permits 1/3‑acre lots, 90 feet wide.
    • Excellent access to M‑53 expressway.
    • Minutes from major retailers.
    • Located in the desirable Romeo Community School District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0240538
    Latitude
    42.7122685

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    FAQs

    What type of property is this?
    Land - Prime Shelby Township development land, R-1-B zoning.
    Where is this land located?
    The property is located at Pearson Rd Shelby Township, MI.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 3.99-acre parcel zoned R-1-B for residential development.; Zoning permits 1/3-acre lots, 90 feet wide.; Excellent access to M-53 expressway.
    (248) 476-3700
    Request Owner's contact information
    Pearson Rd 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
    Pearson Rd Shelby Township, MI 48315
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