51037 Van Dyke Ave Shelby Township, MI 48316-4438
This exceptional 11,180-square-foot freestanding retail building presents a unique investment opportunity in the thriving Shelby Township market. Located at 51037 Van Dyke Ave, Shelby Township, MI 48316, this single-tenant property sits on a generous 1.91-acre lot, offering ample space and visibility. The building is currently vacant, providing a blank canvas for a wide range of retail uses. Its C-3 zoning allows for diverse commercial applications, catering to various business needs. The property boasts a significant footprint, making it ideal for businesses requiring substantial space. With its prominent location on Van Dyke Avenue, this property benefits from high traffic volume and excellent exposure to potential customers. The property's size and location make it an attractive option for a variety of retail businesses seeking a high-profile presence in a busy commercial area. The parcel number is 07-16-476-024, and the property is situated in Macomb County, Michigan. This is a rare opportunity to acquire a substantial retail space in a desirable location with significant potential for growth and profitability. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. This location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking to establish a strong presence in the Shelby Township market. The ample parking available further enhances the property's appeal to both businesses and customers.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Shelby Township, MIShelby Township. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.