51037 Van Dyke Ave Shelby Township, MI 48316-4438
Property profile & analytics
51037 Van Dyke Ave Shelby Township, MI 48316-4438
- Drug stores
- 11,093 SF
- 1.91 lot acres
Property ID
US43-0741674
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.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- higi / Physician
- Jennifer Patros / Pharmacy
- Coinhub Bitcoin ATM Teller / Atm
- CDReload - Online Bitcoin ATM / Atm / Crypto Atm
Property Details for 51037 Van Dyke Ave
- Year built
- 1999
- Lot size
- 1.91 lot acres
- Property size
- 11,093 SF
- Zone code
- C-3
- Property type
- Drug stores
- APN
- 23-07-16-476-024
- APU
- 230716476024
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,509,000
- AI Estimate
- $1,509,000
Market price range: $733k - $2.14MMarket price range: $733k - $2.14M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,365,000 Current use
- RESTAURANT
- $1,575,000 Change: +15% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,535,000 Change: +12% Conversion: Easy
- OFFICE BUILDING
- $1,535,000 Change: +12% Conversion: Easy
- MEDICAL BUILDING
- $1,360,000 Change: -0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Shelby Township
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0346
- Latitude
- 42.6703
- 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
$29,147
$0.00
$0.00
$699,700
-
$0.00
$0.00
$1,399,400
