13436 23 Mile Rd, Shelby Township, MI 48315
For Lease
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This exceptional 12.23-acre commercial land parcel presents a remarkable investment opportunity in the thriving Shelby Township, Michigan market. Located at 13436 23 Mile Rd, this Class A property boasts significant frontage on both 23 Mile Road and Schoenherr Road, offering unparalleled visibility and accessibility. The site is zoned C-2 & C-3, allowing for a diverse range of retail development possibilities. With approximately 250 feet of frontage on 23 Mile Road and approximately 400 feet of frontage on Schoenherr Road, this location provides ample space for a substantial development. The property is currently designated for multiple tenants, making it ideal for a mixed-use development or a collection of individual retail spaces. The total land area provides significant flexibility for building design and layout. This prime location in Macomb County offers easy access to major roadways and a dense population base, ensuring high traffic volume and strong potential for tenant occupancy. The property's size and zoning make it suitable for a variety of retail concepts, from smaller shops to larger anchor stores. This is a rare opportunity to acquire a large, strategically located parcel in a high-demand area. The property's location in Shelby Township, MI, zip code 48315, offers a strong demographic profile and a vibrant commercial environment. This is an excellent opportunity for developers seeking a high-impact retail investment.
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Chase Bank Bank Loan Service
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Chase Mortgage Loan Service Bank
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Joshua Zbytowski - Chase Home Lending Advisor - NMLS ID 1794449 Loan Service Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Shelby Township, MIShelby Township. Always verify with local authorities before improvements.
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.