0 22 Mile Rd Shelby Township, MI 48315
This exceptional 5.74-acre commercial land parcel presents a compelling investment opportunity in Shelby Township, Michigan. Strategically located on the north side of 22 Mile Road, between M-53 (Van Dyke Expressway) to the west and Schoenherr Road to the east, this property enjoys a prime location within a thriving area. The site is surrounded by existing developments, indicating strong market demand and established infrastructure. Its suitability for a small residential development is further enhanced by the readily available utilities, including water, sewer, gas, and electric connections already in place. The asking price for this highly desirable parcel is $695,000. The property's address is 22 Mile Road, Shelby Township, MI 48315, situated in Macomb County. Given its location, existing infrastructure, and potential for development, this land offers significant upside for discerning investors seeking a prime commercial opportunity in a rapidly growing area. The 5.74-acre lot size provides ample space for a variety of development projects, making it an attractive option for both residential and potentially other commercial ventures.
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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
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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.