Property profile

51424 Van Dyke Ave Shelby Township, MI 48316

OFF-MARKET
Office buildings
Property ID
US43-0160696
7,110 SF 0.49 ac lot Built 1974
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Total area 7,110 SF
Lot 0.49 ac (21,432 SF)
Zoning code CK MAP
APN 23-07-15-351-005
UPID US43-0160696

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Counselor Mental Health Service
  • Corporate Office
  • Business Service Center Corporate Office
  • Physician
  • Alternative Medicine Practice

Location

51424 Van Dyke Ave Shelby Township, MI 48316-4406
Shelby Township metro Census 225100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$781k
Blend (final) Blend
$225k

Owner & transaction history

Zoning & alternative use

CK MAP · Shelby Township, MI
Top alternative use upside
Restaurant $1.0M +2.5%
Commercial (general) $985,000 +0.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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