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    45467 Market St Shelby Township, MI 48315

    Sponsored
    For Lease
    $17 SF/Yr

    Shelby Twp Office Space, 2,025-4,407 SF

    Lot size:
    17,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Shelby Township, Michigan property at 45445-45467 Market Street offers exceptional executive office space in a prime retail location. The single-story, 17,200 square foot building, constructed in 2004, features 14-foot ceilings and is situated on a 1.29-acre lot (APN 23-07-36-451-006). Currently, there are two available units totaling 4,407 square feet of vacant space, with a minimum divisible space of 2,025 square feet and a maximum contiguous space of 4,407 square feet. The units can be combined to create a larger, 4,407 square foot space. The property is zoned C-5 and boasts ample on-site parking. This Class B building offers excellent visibility and proximity to established retailers including Costco, Osaka Japan, and FedEx Kinko's. The property is conveniently located in Shelby Township, MI, 48315. No elevators are present.

    Property Features for 45467 Market St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,200 SF
    Class
    B
    Total Rate
    25728.33

    Building Details

    Year Built
    2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    45467
    Size
    2,382 SF
    Rate per SF
    $17
    Space
    45445
    Size
    2,025 SF
    Rate per SF
    $17

    HighLights

    • Strong co‑tenancy with Costco, Osaka Japan, and FedEx Kinko's.
    • Ample on‑site parking.
    • Two available units: 2,025 SF and 2,382 SF, combinable for a total of 4,407 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -82.980832116458
    Latitude
    42.630393889538

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    FAQs

    What type of property is this?
    Office Property / Space - Shelby Twp Office Space, 2,025-4,407 SF
    Where is this office property / space located?
    The property is located at 45467 Market St Shelby Township, MI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Strong co-tenancy with Costco, Osaka Japan, and FedEx Kinko's.; Ample on-site parking.; Two available units: 2,025 SF and 2,382 SF, combinable for a total of 4,407 SF.
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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
    45467 Market St Shelby Township, MI 48315
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