Property profile

4840 23rd Mile Rd Shelby Township, MI 48316

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1695477
1,291 SF 0.81 ac lot Built 1962
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1962
Total area 1,291 SF
Lot 0.81 ac (35,196 SF)
Zoning code CK MAP
APN 23-07-20-129-020
UPID US43-1695477

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
  • Gas Station
  • Atm Investment Company
  • Atm

Location

4840 23rd Mile Rd Shelby Township, MI 48316-4022
Shelby Township metro Census 225800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2025
Last sale
$1.0M
6 recorded transactions
2025
Price N/A
2025
$1.0M
2011
Price N/A
2010
$200,000
2009
Price N/A
2004
Price N/A

Zoning & alternative use

CK MAP · Shelby Township, MI

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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