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    Property profile & analytics

    45700 Schoenherr Rd, Unit 5 Shelby Township, MI 48315-6033

    • Medical offices
    • 2,539 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Mar 16, 2021
    $305,000
    Location Intelligence
    Property ID
    US43-1426353
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Prestige Family Dental / Dentist
    • Mary Veremis-Ley / Dermatologist

    Property Details for 45700 Schoenherr Rd

    Year built
    1992
    Lot size
    0.29 lot acres
    Property size
    2,539 SF
    Zone code
    CK MAP
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    23-07-36-302-005
    APU
    230736302005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $330,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $385,000
      Mixed-Use
      $430,000
      Hospitality
      $390,000
      Educational
      $360,000
      Residential Income
      $415,000
      Energy
      $355,000
      Income-Based Land
      $380,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9924
    Latitude
    42.6316
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,241
    $0.00
    $0.00
    $203,700
    -
    $0.00
    $0.00
    $407,400

    Comparable in this City

    • Value Estimation by Request
      1,766 SF

      45634 Schoenherr Rd, Unit 7

      MEDICAL BUILDING • 1,766 SF
      45634 Schoenherr Rd, Shelby Township, MI 48315-6024
      View Details
    • Value Estimation by Request
      4,685 SF

      15023 21st Mile Rd

      MEDICAL BUILDING • 4,685 SF
      15023 21st Mile Rd, Shelby Township, MI 48315-5024
      View Details
    • Value Estimation by Request
      8,006 SF

      45640 Schoenherr Rd, Unit 3

      MEDICAL BUILDING • 8,006 SF
      45640 Schoenherr Rd, Shelby Township, MI 48315-6033
      View Details
    • Value Estimation by Request
      6,687 SF

      45660 Schoenherr Rd, Unit 6

      MEDICAL BUILDING • 6,687 SF
      45660 Schoenherr Rd, Shelby Township, MI 48315-6033
      View Details
    • Value Estimation by Request
      121,156 SF

      50505 Schoenherr Rd

      MEDICAL BUILDING • 121,156 SF
      50505 Schoenherr Rd, Shelby Township, MI 48315-3140
      View Details
    • Value Estimation by Request
      11,725 SF

      49050 Schoenherr Rd

      MEDICAL BUILDING • 11,725 SF
      49050 Schoenherr Rd, Shelby Township, MI 48315-3856
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,440 SF

      Turnkey Medical Condo For Sale

      3,200 SF medical condo ideal for various medical practices.
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    • Contact for pricing
      14,440 SF

      Shelby Twp Medical Office Condo

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    • $4,900,000
      39,388 SF

      Industrial Facility with Expansion Potential

      Well-maintained 38,388 SF industrial facility with expansion and outside storage.
      51455 Schoenherr Rd, Shelby Twp, MI 48315
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    • $350,000

      High-Quality Office Condo in Shelby

      Beautifully finished office condo with high-quality build-out and versatile space.
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      Utica Office Building For Sale

      6,720 SF office building in prime Utica location.
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      6 SF

      Restaurant & Sports Bar Opportunity

      Restaurant & Sports Bar for sale or lease in Shelby Township.
      15133 Hall Rd, Utica, MI 48315
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      2,350 SF

      Retail/Medical Space Available

      2,350 SF in-line space, built-out medical. Available March 2026.
      47053 Hayes Rd, Shelby Township, MI 48315
      View Details
    • $9 SF/Yr
      45 SF

      Industrial Space in Danview Technology Park

      45,381 SF industrial space with office and shop areas.
      51360 Danview Technology Ct, Shelby Township, MI 48315
      View Details
    • $17 SF/Yr
      17,200 SF

      Market Street Executive Suites

      Shelby Twp Office Space, 2,025-4,407 SF
      45467 Market St, Shelby Township, MI 48315
      View Details
    • Contact for pricing
      1,470 SF

      Utica Creative Office Space for Lease

      1,470 sq ft Single-Tenant Retail/Office
      0 Hayes Rd, Utica, MI 48315
      View Details
    • $25 SF/Yr
      3,240 SF

      Shelby Township Flex Space Available

      Flex space with high ceilings, overhead doors, and ample parking.
      45147-45231 Market St, Shelby Township, MI 48315
      View Details
    • $10 SF/Yr
      12,182 SF

      Freestanding Industrial Building Available

      12,182 SF industrial building with office space for lease.
      50300 Rizzo Dr, Shelby Twp, MI 48315
      View Details
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    Shelby Township, MI 48315-6033
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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