54100 Van Dyke Ave Shelby Township, MI 48316
- Commercial real estate
- 2.50 lot acres
Current Use by Public Records
- Ace Auto Wash / Car Wash
Property Details for 54100 Van Dyke Ave
- Year built
- 1990
- Lot size
- 2.50 lot acres
- Zone code
- C-2
- Property type
- Commercial real estate
- APN
- 23-07-10-152-001
- APU
- 230710152001
Description
This exceptional 0.8-acre commercial land parcel presents a remarkable opportunity in the thriving Shelby Township market. Located at 54100 Van Dyke, this property boasts 165 feet of frontage on Van Dyke Avenue, a major thoroughfare with high traffic volume, ensuring excellent visibility for any business. The convenient location places it near numerous national retailers, providing immediate access to a substantial customer base. The property's C-2 zoning allows for a wide range of commercial uses, offering flexibility for diverse development plans. Two existing curb cuts provide easy ingress and egress, enhancing accessibility and convenience. The parcel is identified by APN 07-10-152-001 within Macomb County, Michigan, and has a 48316 zip code. This strategically positioned land offers significant potential for investors and developers seeking a prime location in a rapidly growing area. The property's size and zoning make it ideal for a variety of commercial ventures, from retail establishments to service businesses. Its proximity to established businesses and high traffic volume ensures strong potential for success. Don't miss this chance to secure a prominent location in Shelby Township.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,030,000
- 6.5%
- $960,000
- 7%
- $955,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,090,000
- Geo Method
- $875,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,035,000
- Retail
- $1,050,000
- Mixed-Use
- $1,290,000
- Hospitality
- $1,220,000
- Educational
- $1,040,000
- Residential Income
- $1,115,000
- Energy
- $1,135,000
- Income-Based Land
- $1,120,000
- Food Service
- $1,310,000
Location Insight
- Map
- Local Demand
- City
- Shelby Township
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0338
- Latitude
- 42.6917
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA