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    Property profile & analytics

    49860 Van Dyke Ave Shelby Township, MI 48317-1346

    • Turn key restaurants
    • 3,962 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 24, 2023
    Location Intelligence
    Property ID
    US43-0228286
    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

    • Apex Motors / Used Car Dealer

    Property Details for 49860 Van Dyke Ave

    Year built
    1979
    Lot size
    1.17 lot acres
    Property size
    3,962 SF
    Zone code
    CK MAP
    Property type
    Turn key restaurants
    APN
    23-07-22-301-014
    APU
    230722301014

    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
    -83.0328
    Latitude
    42.6614
    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
    $8,871
    $0.00
    $0.00
    $332,700
    -
    $0.00
    $0.00
    $665,400

    Comparable in this City

    • Value Estimation by Request
      4,293 SF

      50285 Mound Rd

      RESTAURANT • 4,293 SF
      50285 Mound Rd, Shelby Township, MI 48317-1313
      View Details
    • Value Estimation by Request
      3,965 SF

      47980 Van Dyke Ave

      RESTAURANT • 3,965 SF
      47980 Van Dyke Ave, Shelby Township, MI 48317-3255
      View Details
    • Value Estimation by Request
      2,925 SF

      46271 Van Dyke Ave

      RESTAURANT • 2,925 SF
      46271 Van Dyke Ave, Shelby Township, MI 48317-4472
      View Details
    • Value Estimation by Request
      2,610 SF

      44115 Van Dyke Ave

      RESTAURANT • 2,610 SF
      44115 Van Dyke Ave, Utica, MI 48317-5478
      View Details
    • Value Estimation by Request
      8,706 SF

      45125 Mound Rd

      RESTAURANT • 8,706 SF
      45125 Mound Rd, Shelby Township, MI 48317-5106
      View Details
    • Value Estimation by Request
      2,639 SF

      2101 Auburn Rd

      RESTAURANT • 2,639 SF
      2101 Auburn Rd, Shelby Township, MI 48317-3806
      View Details

    Similar Nearby for Sale

    • $825,000

      Shelby Pub & Grill Opportunity

      Prime location with high visibility, ideal for restaurant/pub.
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    • $69,900
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      Utica Retail Space: Jewelery Business

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      Mound Road Flex Space Investment

      17,086 SF Flex Space, Shelby Twp, MI
      45700 Mound Rd, Shelby Township, MI 48317
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      19,635 SF

      M-59 & Mound Road Frontage

      Retail property with frontage on M-59 and Mound Road.
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    • $75,000

      Established Clothing Boutique Opportunity

      Turnkey clothing boutique with existing customer base in Sterling Heights.
      47331 Van Dyke Ave, Utica, MI 48317
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    Similar Nearby for Lease

    • $6,000 /Mo
      6,000 SF

      Shelby Twp Retail Opportunity

      Spacious 6,000 SF retail space in a vibrant location.
      49562 Van Dyke Ave, Shelby Twp, MI 48317
      View Details
    • Contact for pricing
      1,700 SF

      New End-Cap Drive-Thru Unit

      New construction restaurant/coffee/QSR opportunity in Shelby Township.
      1980 Auburn Rd, Utica, MI 48317
      View Details
    • $5,500 /Mo

      Retail Drive-Thru with Seating

      Retail drive-thru available for lease with outside seating.
      48075 Van Dyke Ave, Utica, MI 48317
      View Details
    • $14 SF/Yr
      33,076 SF

      Shelby Commons Retail Space

      Prime Shelby Twp. retail, 1,400-2,800 SF
      45537-45581 Mound Rd, Shelby Township, MI 48317
      View Details
    • $13 SF/Yr
      5,800 SF

      Shaggy Dog Plaza: Utica Retail Space

      Prime Utica Retail, 1,248 SF Available
      47501 Van Dyke Ave, Utica, MI 48317
      View Details
    • $2,200 /Mo
      1,684 SF

      Downtown Utica Retail Space Available

      Highly visible retail building in walkable downtown Utica location.
      45101 Cass Ave, Utica, MI 48317
      View Details
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    Shelby Township, MI 48317-1346
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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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