Property profile

45537-45581 Mound Rd Shelby Township, MI 48317

OFF-MARKET
Retail properties & Spaces
33,076 SF 3.52 ac lot Built 1989
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1989
Total area 33,076 SF
Lot 3.52 ac (153,331 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

45537-45581 Mound Rd Shelby Township, MI 48317
Shelby Township metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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