Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

51037 Van Dyke Ave Shelby Township, MI 48316-4438

  • Drug stores
  • 11,093 SF
  • 1.91 lot acres
OFF-MARKET
Value Estimations
$1,510,000
Show details
Cap Rate Potential
Location Intelligence
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.

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
    Market price range: $733k - $2.14M
    AI Estimate
    $1,509,000
    Market 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 valuation — 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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message