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    Property profile & analytics

    47488 Van Dyke Ave Shelby Township, MI 48317-3364

    • Outlet malls
    • 10,747 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 25, 2025
    Location Intelligence
    Property ID
    US43-1197139
    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

    • Outlet malls

    Property Details for 47488 Van Dyke Ave

    Year built
    1973
    Lot size
    0.81 lot acres
    Property size
    10,747 SF
    Zone code
    CK MAP
    Property type
    Outlet malls
    APN
    23-07-27-351-004
    APU
    230727351004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0322
    Latitude
    42.6444
    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
    $11,949
    $0.00
    $0.00
    $329,900
    -
    $0.00
    $0.00
    $659,800

    Comparable in this City

    • Value Estimation by Request
      42,654 SF

      5227 Auburn Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 42,654 SF
      5227 Auburn Rd, Shelby Township, MI 48317-4113
      View Details
    • Value Estimation by Request
      11,780 SF

      5665 Auburn Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 11,780 SF
      5665 Auburn Rd, Shelby Township, MI 48317-4121
      View Details
    • Value Estimation by Request
      5,760 SF

      44033 Van Dyke Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 5,760 SF
      44033 Van Dyke Ave, Utica, MI 48317-5476
      View Details
    • Value Estimation by Request
      5,031 SF

      6749 Auburn Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 5,031 SF
      6749 Auburn Rd, Utica, MI 48317-5211
      View Details
    • Value Estimation
      $555,000
      11,839 SF

      5260 Auburn Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 11,839 SF
      5260 Auburn Rd, Shelby Township, MI 48317-4112
      View Details
    • Value Estimation by Request
      13,477 SF

      47979 Van Dyke Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 13,477 SF
      47979 Van Dyke Ave, Shelby Township, MI 48317-3254
      View Details

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    Similar Nearby for Lease

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      Spacious 6,000 SF retail space in a vibrant location.
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      View Details
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    Shelby Township, MI 48317-3364
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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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