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    45147 Market St Shelby Township, MI 48315

    Sponsored
    For Lease
    $7 SF/Yr

    Modern flex space, multiple units available.

    Lot size:
    160,255 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Shelby Town Center III offers 10,880 square feet of immediately available flex space in Shelby Township, Michigan. This prime commercial property, located at 45147-45231 Market St, zip code 48315, sits on a 1.87-acre lot and is zoned C-5. The building's total square footage is 160,255 square feet, with multiple tenants currently occupying the space. Individual units range from a minimum of 1,620 square feet to a maximum contiguous space of 9,260 square feet, providing flexibility for a variety of business needs. The property is categorized as Retail, Industrial, and includes Flex and Warehouse subtypes, making it suitable for a wide range of uses. This location in Macomb County offers excellent access to major transportation routes and is situated within a thriving commercial area. The available space presents a unique opportunity for businesses seeking a versatile and well-located facility. Interested parties should inquire about lease terms and availability. The property is currently listed for lease.

    Property Features for 45147 Market St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,255 SF
    Total Rate
    93482.08

    Unit(s) available at that property

    Space
    Suite 8
    Size
    1,620 SF
    Rate per SF
    $7
    Space
    Suite 3
    Size
    9,260 SF
    Rate per SF
    $25

    HighLights

    • 10,000 SF rear flex space available for lease.
    • High ceilings, loading docks, ample power, and parking included.
    • Excellent location adjacent to Floor & Décor and Edge Fitness.
    • 9,260 SF rear flex space with high ceilings and overhead door access, situated behind Floor & Décor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -82.9811608
    Latitude
    42.628243

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    FAQs

    What type of property is this?
    Lifestyle center - Modern flex space, multiple units available.
    Where is this lifestyle center located?
    The property is located at 45147 Market St Shelby Township, MI.
    What is the lease rate?
    The lease rate is $7-$25 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF rear flex space available for lease.; High ceilings, loading docks, ample power, and parking included.; Excellent location adjacent to Floor & Décor and Edge Fitness.
    Request Owner's contact information
    45147 Market St 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
    45147 Market St Shelby Township, MI 48315
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