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    45537-45581 Mound Rd Shelby Township, MI 48317

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Shelby Twp. retail, 1,400-2,800 SF

    Lot size:
    33,076 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Shelby Commons, located at 45537-45581 Mound Road in Shelby Township, Michigan, presents a compelling retail investment opportunity. This single-story, Class B building, constructed in 1989, offers a total of 33,076 square feet across two suites. Currently, 4,600 square feet of prime retail space is available, divisible into units ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,800 square feet. The property sits on a 3.52-acre lot (APN 23-07-32-476-012) in Macomb County, zoned C-2, and benefits from its high-traffic location at the intersection of Mound and Utica Roads. Ample parking is provided with 150 spaces. The property features monument signage, providing excellent visibility for tenants. Its strategic location near numerous national retailers and the new Greg Grant Complex ensures high foot traffic and strong potential for success. This is an exceptional opportunity for businesses seeking a prominent location in a thriving Shelby Township market. The property is categorized as prime retail and bar/restaurant space. No elevators are present.

    Property Features for 45537-45581 Mound Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,076 SF
    Class
    B
    Total Rate
    38588.67

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 45557
    Size
    1,400 SF
    Rate per SF
    $14
    Space
    Suite 45577
    Size
    1,400 SF
    Rate per SF
    $14
    Space
    Suite 45559
    Size
    1,400 SF
    Rate per SF
    $14

    HighLights

    • High‑Demand Retail Space Available.
    • Monument Signage on High‑Traffic Mound Road.
    • Excellent Location Near National Retailers and the New Greg Grant Complex.
    • Multiple Suites Available; Inquire for Details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Grocery Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.052795856252
    Latitude
    42.628321226875

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    FAQs

    What type of property is this?
    Retail property - Prime Shelby Twp. retail, 1,400-2,800 SF
    Where is this retail property located?
    The property is located at 45537-45581 Mound Rd Shelby Township, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High-Demand Retail Space Available.; Monument Signage on High-Traffic Mound Road.; Excellent Location Near National Retailers and the New Greg Grant Complex.
    Request Owner's contact information
    45537-45581 Mound Rd Shelby Township, MI 48317
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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
    45537-45581 Mound Rd Shelby Township, MI 48317
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