Property profile

5100 23rd Mile Rd Shelby Township, MI 48316

OFF-MARKET
Commercial real estate
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Property ID
US43-1747432
6,960 SF 0.91 ac Built 1988
Last sale Feb 2017
Trust Owned Owner of record is a trust. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

Golden Plaza, located at 5100 23 Mile Rd, Shelby Township, MI 48316, offers 2,400 square feet of vacant Class A office space within a larger 6,980 square foot building situated on a 0.92-acre lot (49,800 sq ft). This single-tenant space is ideal for a variety of professional uses, including but not limited to real estate, law, or title companies, as suggested by its convenient location and adaptable layout. The space features a 10-foot ceiling height and includes a reception area with a desk…

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$380k
Effective rate3.37%

Value estimate

· Nov 2026
$350k
$315k – $385k
Submarket $/SF estimate$1.14M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$99 – $226
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CK MAP
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency14.3
Bakery9.4
Tailor Shop9.2

Location

5100 23rd Mile Rd Shelby Township, MI 48316-4204
County assessor Recorded deeds · 2 transfers 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
52910 Van Dyke, Shelby Township, MI 48316-3545 $2,000,000 Aug 2022 14,200 SF
51611 Mound, Shelby Township, MI 48316-4174 $1,105,000 May 2021 No data
54981 Shelby, Shelby Township, MI 48316-1448 $1,450,000 Aug 2019 8,535 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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