26 Mile Rd & Van Dyke Ave Shelby Township, MI 48316
This exceptional 0.918-acre commercial vacant land parcel presents a unique investment opportunity in Macomb County. Situated at the high-traffic intersection of Van Dyke Avenue and 26 Mile Road, this property benefits from its location within a thriving retail corridor. The site is one of the last remaining undeveloped parcels along this heavily trafficked area, offering unparalleled visibility and accessibility. Its proposed C-2 zoning allows for a wide range of commercial development possibilities. The property's strategic placement directly shadows a newly constructed 124,000 square foot Kroger Marketplace, ensuring high consumer traffic and strong brand recognition. Furthermore, the immediate vicinity boasts a concentration of national retailers, including ULTA, TJ Maxx, HomeGoods, Kohl's, and Target, creating a robust and established retail environment. This prime location offers significant potential for developers seeking to capitalize on the area's strong demographics and high consumer demand. The single-tenant zoning provides flexibility for a variety of commercial uses. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area.
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.