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    Property profile & analytics

    50784-50288 Schoenherr Rd Shelby Township, MI 48315

    • Shopping centers
    • 61,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Shopping centers

    Property Details for 50784-50288 Schoenherr Rd

    Year built
    2002
    Property size
    61,000 SF
    Property type
    Shopping centers
    Property subtype
    Neighborhood centers

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9945
    Latitude
    42.6672

    Comparable in this City

    • Value Estimation by Request
      4,680 SF

      47200 Hayes Rd

      Restaurants • 4,680 SF
      47200 Hayes Rd, Macomb, MI 48315
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    • Value Estimation by Request
      3,312 SF

      50373 Rizzo Dr

      Retail properties • 3,312 SF
      50373 Rizzo Dr, Utica, MI 48315
      View Details
    • Value Estimation by Request

      Hayes Rd

      Restaurants
      0 Hayes Rd, Utica, MI 48315
      View Details
    • Value Estimation by Request
      30,086 SF

      14495 23rd Mile Rd

      NURSERY, GREENHOUSE, FLORIST • 30,086 SF
      14495 23rd Mile Rd, Shelby Township, MI 48315-2917
      View Details
    • Value Estimation by Request
      56,650 SF

      48865-48935 Hayes Rd

      Office Properties & Spaces • 56,650 SF
      48865-48935 Hayes Rd, Shelby Township, MI 48315
      View Details
    • Value Estimation by Request
      41,622 SF

      45841 Hayes Rd

      Office Properties & Spaces • 41,622 SF
      45841 Hayes Rd, Shelby Twp, MI 48315
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,932 SF

      Hall Road Restaurant Opportunity

      Prime Shelby Twp location, 6,932 SF vacant restaurant.
      15133 Hall Rd, Shelby Township, MI 48315
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    • Contact for pricing
      6 SF

      Restaurant & Sports Bar Opportunity

      Restaurant & Sports Bar for sale or lease in Shelby Township.
      15133 Hall Rd, Utica, MI 48315
      View Details
    • $229,000
      2,580 SF

      Turnkey Restaurant Opportunity

      Established franchise restaurant with loyal customer base for sale.
      48865-48935 Hayes Rd, Shelby Township, MI 48315
      View Details
    • $4,900,000
      39,388 SF

      Industrial Facility with Expansion Potential

      Well-maintained 38,388 SF industrial facility with expansion and outside storage.
      51455 Schoenherr Rd, Shelby Twp, MI 48315
      View Details
    • $350,000

      High-Quality Office Condo in Shelby

      Beautifully finished office condo with high-quality build-out and versatile space.
      45679 Village Blvd, Shelby Township, MI 48315
      View Details
    • $209,900
      0.43 Acres

      Shelby Twp Vacant Residential Land

      Cleared land in Shelby Twp ready for your dream home.
      14345 24 Mile Rd, Shelby Twp, MI 48315
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Retail Space in Growing Community

      Retail space available in a high-growth residential area.
      13361-13477 Hall Rd, Utica, MI 48315
      View Details
    • $7 SF/Yr
      160,255 SF

      Shelby Twp Flex Space Available

      Modern flex space, multiple units available.
      45147 Market St, Shelby Township, MI 48315
      View Details
    • Contact for pricing
      333,727 SF

      Shelby Corners Retail Space

      Utica, MI retail space available.
      13301 Hall Rd, Utica, MI 48315
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    • $17 SF/Yr
      17,200 SF

      Market Street Executive Suites

      Shelby Twp Office Space, 2,025-4,407 SF
      45467 Market St, Shelby Township, MI 48315
      View Details
    • Contact for pricing
      532,739 SF

      Prime Shelby Twp Retail Land

      12 Acres, Multi-Tenant Opportunity
      13436 23 Mile Rd, Shelby Township, MI 48315
      View Details
    • $25 SF/Yr
      3,240 SF

      Shelby Township Flex Space Available

      Flex space with high ceilings, overhead doors, and ample parking.
      45147-45231 Market St, Shelby Township, MI 48315
      View Details
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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
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