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Property profile & analytics
OFF-MARKET
Retail residential properties

45467 Market St Shelby Township, MI 48315-6231

0.18 ac lot Built 2005
Entity Owned 6-yr Hold Free & Clear
Property ID
US43-2886911
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2005
Lot 0.18 ac (7,841 SF)
Zoning code C-5
APN 23-07-36-451-003
UPID US43-2886911
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Market Street Shelby Prop LLC · 6 yrs held
Market Street Shelby Prop LLC
since 2020
Last sale
$250,000
7 recorded transactions
2020
Price N/A
2020
$250,000
2018
Price N/A
2017
$213,332
2015
Price N/A
2015
$80,000
1969
Price N/A
Zoning & alternative use
C-5 · Shelby Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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