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    45700 Mound Rd Shelby Township, MI 48317

    For Sale
    $2,800,000

    17,086 SF Flex Space, Shelby Twp, MI

    Property size:
    17,086 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 17,086 square foot building situated on a generous 4.5-acre lot in desirable Shelby Township, Michigan. The property, located at 45700 Mound Road, boasts a prime location at the intersection of M-59 and Mound Road, offering unparalleled visibility and accessibility. Zoned C-2, the building is versatile enough to accommodate a variety of uses, including retail, office, medical, or flex space. The building features four overhead doors, ideal for loading and unloading, and ample parking with 117 spaces. The substantial 520-foot frontage on Mound Road provides excellent signage opportunities, further enhancing its visibility and appeal. The large lot offers significant potential for future expansion or development. The asking price is $2,800,000, translating to $163.88 per square foot. This property represents a strong investment opportunity in a thriving Michigan market. Its versatile zoning, prominent location, and ample parking make it an attractive option for a wide range of businesses. The existing building provides immediate income potential, while the expansive lot allows for future growth and development. Don't miss this chance to acquire a high-visibility commercial property in a rapidly growing area.

    Property Features for 45700 Mound Rd

    General Information

    Property type
    Medical offices
    Square Feet
    17,086 SF

    HighLights

    • 17,086 SF building on a 4.5‑acre lot in Shelby Township, MI.
    • Prime location at M‑59 and Mound Road intersection with high visibility and accessibility.
    • C‑2 zoning allows for retail, office, medical, or flex use.
    • Features four overhead doors, 117 parking spaces, and 520 feet of Mound Road frontage.
    • Asking price: $2,800,000 ($163.88/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Murphy Denise Insurance Agency Burke Michael Insurance Agency TOUR HEALTHCARE Medical Office Her Tony Insurance Agency Hanna Dan Insurance Agency

    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
    -83.052125218113
    Latitude
    42.630172105636

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    FAQs

    What type of property is this?
    Medical office - 17,086 SF Flex Space, Shelby Twp, MI
    Where is this medical office located?
    The property is located at 45700 Mound Rd Shelby Township, MI.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: 17,086 SF building on a 4.5-acre lot in Shelby Township, MI.; Prime location at M-59 and Mound Road intersection with high visibility and accessibility.; C-2 zoning allows for retail, office, medical, or flex use.
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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
    45700 Mound Rd Shelby Township, MI 48317
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