Property profile

45700 Mound Rd Shelby Township, MI 48317

FOR LEASE
Office buildings
Property ID
US43-0883588
17,086 SF 4.49 ac lot Built 1968
Entity Owned 2-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency
  • Medical Clinic
  • Insurance Agency
  • Insurance Agency

Location

45700 Mound Rd Shelby Township, MI 48317
Shelby Township metro Census 225701 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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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

since 2024
Last sale
$2.4M
2 recorded transactions
2024
$2.4M
2019
Price N/A

Zoning & alternative use

C-2 · Shelby Township, MI
Zoning description

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…

General category COMMERCIAL
Top alternative use upside
Restaurant $2.4M +2.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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