Property summary
This exceptional 17,086-square-foot freestanding office building presents a unique investment opportunity in Macomb County. Situated on a generous 4.5-acre lot, the property boasts significant visibility and accessibility due to its 520 feet of frontage on Mound Road, a major thoroughfare. The strategic location at the intersection of M-59 and Mound Road ensures high traffic volume and excellent exposure for any business. The building features 117 parking spaces, catering to employees and clients alike. Four overhead doors provide convenient access for loading and unloading, making it suitable for a variety of uses. Currently vacant, the entire 17,086 square feet is available for immediate occupancy. The C-2 zoning allows for flexible use, including retail, office, medical, or flex space. A prominent monument sign enhances visibility, and the expansive lot offers significant potential for future development or expansion, making this property an ideal choice for businesses seeking a high-profile location with ample space and growth opportunities. The property's size, location, and zoning flexibility make it a compelling investment prospect.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Insurance Agency
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Medical Clinic
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Insurance Agency
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Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The C-2, General Business Commercial District is intended primarily for uses emphasizing community shopping needs for the citizens of Shelby Township that are of a higher intensity than those found in a traditional downt…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Shelby Township market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Shelby Township, MIThe C-2, General Business Commercial District is intended primarily for uses emphasizing community shopping needs for the citizens of Shelby Township that are of a higher intensity than those found in a traditional downt…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The C-2, General Business Commercial District is intended primarily for uses emphasizing community shopping needs for the citizens of Shelby Township that are of a higher intensity than those found in a traditional downt…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Shelby Township, MI.
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Find the owner behind the property.
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