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    56265 Van Dyke Ave Shelby Township, MI 48316

    Sponsored
    For Lease
    $35 SF/Yr

    10,174 SF Retail Building, 1,600 SF Vacant

    Lot size:
    10,174 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail property, located at 56265 Van Dyke Ave in Shelby Township, Michigan, presents a unique investment opportunity. The building boasts a total of 10,174 square feet, with 1,600 square feet currently available for lease. Situated in Macomb County, within the desirable 48316 zip code, this single-tenant property is zoned C-2, offering flexibility for a variety of commercial uses. The building's prime location ensures high visibility and accessibility, making it an ideal space for businesses seeking a strong presence in a thriving community. The property's excellent condition and "A" class designation reflect its high-quality construction and modern amenities. With ample space and a strategic location, this retail space is perfectly positioned to attract a diverse clientele and contribute to significant business growth. The 1,600 square feet of vacant space provides an immediate opportunity for occupancy, while the existing tenant contributes to a stable income stream. This property is an excellent choice for investors seeking a strong return on investment in a prime retail location. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is conveniently located at 42.7081543 latitude and -83.03576 longitude.

    Property Features for 56265 Van Dyke Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,174 SF
    Class
    A
    Total Rate
    29674.17

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,600 SF
    Rate per SF
    $35

    HighLights

    • Brand New Retail Center.
    • Endcap Space Available in High‑Demand South End Location.
    • Drive‑Thru Potential.
    • Strong Co‑Tenancy with Kroger Marketplace, Target, Kohl's, and other major retailers.
    • High‑Growth Trade Area.
    • Exceptional Street Visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -83.03576
    Latitude
    42.7081543

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    FAQs

    What type of property is this?
    Retail property - 10,174 SF Retail Building, 1,600 SF Vacant
    Where is this retail property located?
    The property is located at 56265 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: Brand New Retail Center.; Endcap Space Available in High-Demand South End Location.; Drive-Thru Potential.
    Request Owner's contact information
    56265 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
    56265 Van Dyke Ave Shelby Township, MI 48316
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