45467 Market St Shelby Township, MI 48315
- Retail residential properties
- 0.18 lot acres
Current Use by Public Records
- Retail residential properties
Property Details for 45467 Market St
- Year built
- 2005
- Lot size
- 0.18 lot acres
- Zone code
- C-5
- Property type
- Retail residential properties
- APN
- 23-07-36-451-003
- APU
- 230736451003
Description
This Shelby Township, Michigan property at 45445-45467 Market Street offers exceptional executive office space in a prime retail location. The single-story, 17,200 square foot building, constructed in 2004, features 14-foot ceilings and is situated on a 1.29-acre lot (APN 23-07-36-451-006). Currently, there are two available units totaling 4,407 square feet of vacant space, with a minimum divisible space of 2,025 square feet and a maximum contiguous space of 4,407 square feet. The units can be combined to create a larger, 4,407 square foot space. The property is zoned C-5 and boasts ample on-site parking. This Class B building offers excellent visibility and proximity to established retailers including Costco, Osaka Japan, and FedEx Kinko's. The property is conveniently located in Shelby Township, MI, 48315. No elevators are present.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $350,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $325,000
- Mixed-Use
- $315,000
- Hospitality
- $320,000
- Educational
- $355,000
- Residential Income
- $355,000
- Energy
- $375,000
- Income-Based Land
- $275,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Shelby Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.981
- Latitude
- 42.6302
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
