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    Property profile & analytics

    11655 Park Ct Shelby Township, MI 48315-3109

    • Flex space
    • 18,495 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    $1,430,000
    Last Sale
    Apr 12, 2024
    $1,453,350
    Location Intelligence
    Property ID
    US43-1370342
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Xpress Packaging Solutions Llc / Packaging Supply Store
    • Aristo Coat / Material Handling Equipment Supplier

    Property Details for 11655 Park Ct

    Year built
    1992
    Lot size
    1.26 lot acres
    Property size
    18,495 SF
    Zone code
    CK MAP
    Property type
    Flex space
    APN
    23-07-23-152-010
    APU
    230723152010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,445,000
      6.5%
      $1,280,000
      7%
      $1,320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,255,000
      Geo Method
      $1,530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,360,000
      Retail
      $1,470,000
      Mixed-Use
      $1,445,000
      Hospitality
      $1,310,000
      Educational
      $1,160,000
      Residential Income
      $1,460,000
      Energy
      $1,235,000
      Income-Based Land
      $1,220,000
      Food Service
      $1,185,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0128
    Latitude
    42.665
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $20,720
    $0.00
    $0.00
    $581,200
    -
    $0.00
    $0.00
    $1,162,400

    Comparable in this City

    • Value Estimation by Request
      134,400 SF

      52674 Shelby Pkwy

      LIGHT INDUSTRIAL • 134,400 SF
      52674 Shelby Pkwy, Shelby Township, MI 48315-1778
      View Details
    • Value Estimation by Request
      90,090 SF

      52048 Shelby Pkwy

      LIGHT INDUSTRIAL • 90,090 SF
      52048 Shelby Pkwy, Shelby Township, MI 48315-1787
      View Details
    • Value Estimation by Request
      56,516 SF

      51786 Shelby Pkwy

      LIGHT INDUSTRIAL • 56,516 SF
      51786 Shelby Pkwy, Shelby Township, MI 48315-1786
      View Details
    • Value Estimation by Request
      79,725 SF

      51870 Shelby Pkwy

      LIGHT INDUSTRIAL • 79,725 SF
      51870 Shelby Pkwy, Shelby Township, MI 48315-1787
      View Details
    • Value Estimation by Request
      12,565 SF

      15030 Technology Dr

      LIGHT INDUSTRIAL • 12,565 SF
      15030 Technology Dr, Shelby Township, MI 48315-3950
      View Details
    • Value Estimation by Request
      32,030 SF

      13955 Teresa Dr

      LIGHT INDUSTRIAL • 32,030 SF
      13955 Teresa Dr, Shelby Township, MI 48315-2930
      View Details

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    Similar Nearby for Lease

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      Shelby Township Flex Space Available

      4,960 SF flex space with office and shop area.
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      View Details
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    Shelby Township, MI 48315-3109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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