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    FOR LEASE
    Office buildings

    45700 Mound Rd, Shelby Township, MI 48317

    17,086 SF 4.49 ac lot Built 1968
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-0883588
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1968
    Total area 17,086 SF
    Lot 4.49 ac (195,802 SF)
    Zoning code C-2
    APN 23-07-33-301-004
    UPID US43-0883588
    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
    Current use
    Occupant on record · Public records
    • Murphy Denise Insurance Agency
    • Burke Michael Insurance Agency
    • TOUR HEALTHCARE Medical Clinic
    • Her Tony Insurance Agency
    • Hanna Dan Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.40M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.88M
    Blend (final) Blend
    $2.40M
    Owner & transaction history
    Campo Holdings LLC · 2 yrs held
    Campo Holdings LLC
    since 2024
    Last sale
    $2.4M
    2 recorded transactions
    2024
    $2.4M
    2019
    Zoning & alternative use
    C-2 · Shelby Township, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.4M +2.5%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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