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Property profile

48701 Van Dyke Ave Shelby Township, MI 48317

FOR LEASE
Office buildings
Property ID
US43-1365396
6,500 SF 0.59 ac lot Built 1978
Last sale Apr 2022 · $1,220,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office building at 48701 Van Dyke in Shelby Township contains 6,514 square feet and was built in 1978. It is configured for office-oriented use, with a tenancy mix that has included office and medical professionals, and it is supported by C-1 zoning. The property has a parking lot and monument signage, and it has received capital improvements addressing the roof and mechanical systems. The site includes access to major roads and highways, and there is an additional residential lot behind the property that is available separately.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$221k
Effective rate5.87%

Value estimate

· Oct 2026
$1.22M
$1.10M – $1.34M
Submarket $/SF estimate$714k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$6k
Operating expenses−$4k
NOI · 96,392.86% cap applied$13k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$110 – $196
Qualifying comparables15

Cap rate analysis

How does the asset earn?
96,392.86%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.9
Daycare Center10.9
Bakery10.3

Location

48701 Van Dyke Ave Shelby Township, MI 48317
County assessor Recorded deeds · 5 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11255 Hall, Utica, MI 48317-5823 $350,000 Jun 2023 3,878 SF
8667 Hall, Utica, MI 48317-5534 $1,050,000 Oct 2022 6,498 SF
48645 Van Dyke, Shelby Township, MI 48317-2575 $1,220,000 Apr 2022 9,800 SF
45136 Cass, Utica, MI 48317-5507 $375,000 Aug 2021 3,844 SF
8243 Hall, Utica, MI 48317-5504 $745,000 Aug 2020 7,505 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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