26 Mile Rd & Van Dyke Ave Shelby Twp, MI 48316
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.