Financial
Distress signals
Property profile

56120 Van Dyke Ave Shelby Township, MI 48316

FOR LEASE
Commercial land
View Listing
Property ID
US43-1586123
7,163 SF 1 ac lot Built 1952
Last sale Mar 2023 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,560 square foot retail property, situated on a one-acre corner lot in Macomb County, presents a remarkable investment opportunity. Located on Van Dyke Avenue, between 25 Mile and 26 Mile Roads, this property boasts unparalleled visibility and accessibility. The C-1 zoning allows for a wide range of commercial uses, making it ideal for a variety of businesses. The site offers ample parking and the added benefit of drive-thru capability, enhancing convenience for customers.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$148k
Effective rate4.80%

Value estimate

· Sep 2026
$770k
$693k – $847k
Submarket $/SF estimate$706k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$7k
Operating expenses−$14k
NOI · 84,270.00% cap applied$34k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$99 – $226
Qualifying comparables9

Cap rate analysis

How does the asset earn?
84,270.00%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm23.3
Building Supply22.3
Wholesale Shop21.6

Location

56120 Van Dyke Ave Shelby Township, MI 48316
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Van Dyke, Shelby Township, MI 48316 $390,000 Mar 2025 No data
51100 Napi, Shelby Township, MI 48316 $375,000 Aug 2024 No data
7760 24th Mile, Shelby Township, MI 48316-2506 $1,482,000 Aug 2020 1,850 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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