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    13436 23 Mile Rd Shelby Township, MI 48315

    Sponsored
    For Lease
    Contact for pricing

    12 Acres, Multi-Tenant Opportunity

    Lot size:
    532,739 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 12.23-acre commercial land parcel presents a remarkable investment opportunity in the thriving Shelby Township, Michigan market. Located at 13436 23 Mile Rd, this Class A property boasts significant frontage on both 23 Mile Road and Schoenherr Road, offering unparalleled visibility and accessibility. The site is zoned C-2 & C-3, allowing for a diverse range of retail development possibilities. With approximately 250 feet of frontage on 23 Mile Road and approximately 400 feet of frontage on Schoenherr Road, this location provides ample space for a substantial development. The property is currently designated for multiple tenants, making it ideal for a mixed-use development or a collection of individual retail spaces. The total land area provides significant flexibility for building design and layout. This prime location in Macomb County offers easy access to major roadways and a dense population base, ensuring high traffic volume and strong potential for tenant occupancy. The property's size and zoning make it suitable for a variety of retail concepts, from smaller shops to larger anchor stores. This is a rare opportunity to acquire a large, strategically located parcel in a high-demand area. The property's location in Shelby Township, MI, zip code 48315, offers a strong demographic profile and a vibrant commercial environment. This is an excellent opportunity for developers seeking a high-impact retail investment.

    Property Features for 13436 23 Mile Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    532,739 SF
    Class
    A

    Unit(s) available at that property

    Space
    Available Space 1- 1.58 acre
    Size
    68,825 SF
    Space
    Available Suite 3- 9.13 acre
    Size
    397,703 SF
    Space
    Available Suite 2-1.52 acre
    Size
    66,211 SF

    HighLights

    • New development proposed at the southwest corner of Schoenherr Rd and 23 Mile Rd.
    • Pad sites available along Schoenherr Rd and 23 Mile Rd.
    • Rear land ideal for grocery, medical, or junior‑box users.
    • Building sizes and dimensions to be determined.
    • Multiple pad sites available.
    • One mile east of Van Dyke Fwy (M‑53), with 55,530 cars per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chase Bank Bank Chase Mortgage Mortgage Lender Joshua Zbytowski - Chase ... Mortgage Lender

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -82.9963118
    Latitude
    42.6697123

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    FAQs

    What type of property is this?
    Land - 12 Acres, Multi-Tenant Opportunity
    Where is this land located?
    The property is located at 13436 23 Mile Rd Shelby Township, MI.
    What are key features of this property?
    This property features: New development proposed at the southwest corner of Schoenherr Rd and 23 Mile Rd.; Pad sites available along Schoenherr Rd and 23 Mile Rd.; Rear land ideal for grocery, medical, or junior-box users.
    Request Owner's contact information
    13436 23 Mile Rd 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
    13436 23 Mile Rd Shelby Township, MI 48315
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