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Property profile & analytics
OFF-MARKET
Land

26 Mile Rd & Van Dyke Ave Shelby Twp, MI 48316

0.92 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.918-acre vacant land parcel presents a rare opportunity for development in a high-traffic area of Shelby Township, Macomb County, Michigan. Located at the intersection of 26 Mile Road and Van Dyke Avenue, this property boasts a highly desirable location, shadowing a recently constructed 124,000 square foot Kroger Marketplace. The site benefits from its proximity to numerous national retailers, including ULTA, TJ Maxx, HomeGoods, Kohl's, and Target, ensuring high visibility and significant foot traffic. The property is zoned for Proposed C-2 usage, making it suitable for a variety of commercial developments. This presents a unique opportunity for developers seeking a build-to-suit project, a ground lease arrangement, or an outright purchase. The asking price for this strategically positioned parcel is $1,299,000. Its location at the intersection of two major thoroughfares, coupled with the presence of established national retailers, makes this an exceptional investment opportunity with significant potential for return. The address is 26 Mile Rd & Van Dyke Ave, Shelby Twp, MI 48316. Interested parties are encouraged to explore the possibilities this site offers.

Property profile
Verified
Property type Land
Lot 0.92 ac (39,988 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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