51341 Celeste, Shelby Township, MI 48315
For Sale
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This exceptional Shelby Township, Michigan industrial distribution center presents a unique investment opportunity. Located at 51341 Celeste Drive, 48315, this Class C property boasts a total area of 23,040 square feet, built in 1995. The building offers significant flexibility with a range of square footage options from 8,040 to 23,040 square feet. The property features a well-maintained, renovated front office space with epoxy floors, ready for immediate occupancy with minimal finishing touches required. The warehouse area is equipped for efficient operations, including two 5-ton cranes, bus duct, and airlines throughout. Four grade-level loading doors provide convenient access for loading and unloading. The property also includes additional land, offering potential for expansion or increased parking capacity. This free-standing building is a rare find in Shelby Township, offering a combination of functionality, modern amenities, and expansion potential. The asking price is $2,475,000. This property is ideally suited for a variety of distribution and industrial uses. Its strategic location in Macomb County, Michigan provides easy access to major transportation routes and a skilled workforce. Don't miss this chance to acquire a high-quality industrial property in a thriving market.
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
LM · 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.