Property profile

49045-49125 Van Dyke Ave Shelby Township, MI 48317

OFF-MARKET
Shopping centers
22,869 SF 2.85 ac lot Built 1996
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Property summary

AI-generated overview

This exceptional 1-story, Class B retail plaza, built in 1996 and renovated in 2022, offers a fantastic opportunity for businesses seeking high visibility and strong demographics. Located at 49045-49125 Van Dyke Ave, Shelby Township, MI 48317, this property boasts a total of 22,869 square feet across two suites, with 3,034 square feet currently vacant. The minimum divisible space is 1,130 square feet, and the maximum contiguous space is 1,904 square feet. The plaza benefits from a convenient corner location with dual access points onto Van Dyke Avenue and 22 Mile Road, ensuring high traffic volume. Ample parking is provided with 144 spaces. The property sits on a 2.85-acre lot (APN: 07-21-476-010) and is zoned C-1. Join established tenants including Tubby's, Wild Bill's Tobacco, All Cities Driving School, DuValls HairStyles, and Living Springs. The property is professionally managed and offers a strong investment opportunity in the Macomb West submarket of Macomb County, Michigan. No elevators are present.

Property profile

Verified
Property type Shopping centers
Year built 1996
Total area 22,869 SF
Lot 2.85 ac (124,146 SF)

Cap rate & NOI

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

Location

49045-49125 Van Dyke Ave 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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