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    Property profile & analytics

    51540 Van Dyke Ave Shelby Township, MI 48316-4446

    • Medical offices
    • 2,954 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimation
    $780,000
    Last Sale
    Sep 11, 2024
    $750,000
    Location Intelligence
    Property ID
    US43-1381329
    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

    • Kenneth F. LaBarge III, DC / Chiropractor
    • Janet Bednarz / Chiropractor
    • Dr. William Cook / Chiropractor / Practitioner Service Location

    Property Details for 51540 Van Dyke Ave

    Year built
    1998
    Lot size
    0.82 lot acres
    Property size
    2,954 SF
    Zone code
    CK MAP
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    23-07-15-304-021
    APU
    230715304021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $835,000
      6.5%
      $910,000
      7%
      $925,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $765,000
      Geo Method
      $960,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $940,000
      Retail
      $910,000
      Mixed-Use
      $925,000
      Hospitality
      $945,000
      Educational
      $770,000
      Residential Income
      $760,000
      Energy
      $780,000
      Income-Based Land
      $830,000
      Food Service
      $740,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0333
    Latitude
    42.6731
    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
    2023
    $5,245
    $0.00
    $0.00
    $269,400
    -
    $0.00
    $0.00
    $538,800

    Comparable in this City

    • Value Estimation by Request
      5,094 SF

      4741 24th Mile Rd

      MEDICAL BUILDING • 5,094 SF
      4741 24th Mile Rd, Shelby Township, MI 48316-3111
      View Details
    • Value Estimation by Request
      59,425 SF

      8180 26th Mile Rd

      MEDICAL BUILDING • 59,425 SF
      8180 26th Mile Rd, Shelby Township, MI 48316-5129
      View Details
    • Value Estimation by Request
      13,440 SF

      53950 Van Dyke Ave

      MEDICAL BUILDING • 13,440 SF
      53950 Van Dyke Ave, Shelby Township, MI 48316-1867
      View Details
    • Value Estimation by Request
      4,310 SF

      4737 24th Mile Rd

      MEDICAL BUILDING • 4,310 SF
      4737 24th Mile Rd, Shelby Township, MI 48316-3148
      View Details
    • Value Estimation by Request
      20,103 SF

      51675 Van Dyke Ave

      MEDICAL BUILDING • 20,103 SF
      51675 Van Dyke Ave, Shelby Township, MI 48316-4449
      View Details
    • Value Estimation by Request
      5,400 SF

      52935 Mound Rd

      MEDICAL BUILDING • 5,400 SF
      52935 Mound Rd, Shelby Township, MI 48316-3266
      View Details

    Similar Nearby for Sale

    • $3,496,000
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      New Heartland Dental NNN Lease

      New 10-year NNN lease with corporate guaranty.
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    • $539,000
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      Shelby Twp Professional Office Building

      Freestanding office building with full basement on 0.75 acre lot.
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      3 bed, 3 bath condo with finished basement and garage.
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      22.6 Acre Commercial Land

      22.6 acre commercial land in Shelby Township, Michigan.
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    Similar Nearby for Lease

    • Contact for pricing
      37,204 SF

      Shops At River's Edge: Prime Commercial Space

      Multiple spaces available; high-traffic location.
      55133 Van Dyke Ave, Shelby Township, MI 48316
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    • $15 SF/Yr
      16,000 SF

      Stoney View Office Complex, Shelby Twp

      Prime Shelby Township office space, flexible floor plans.
      6060 Stoney Vw Dr, Shelby Township, MI 48316
      View Details
    • New
      $3,726 /Mo
      1,600 SF

      Retail/Medical Units in Utica, MI

      Approved site for retail and medical units with drive-thru.
      51921 Van Dyke Ave, Utica, MI 48316
      View Details
    • $16 SF/Yr
      1,000 SF

      Medical Office Space For Lease

      Medical office suite with reception and shared waiting room.
      53505 Van Dyke Ave, Shelby Township, MI 48316
      View Details
    • $600 /Mo

      Professional Office Spaces Available

      Two private office spaces for sublease in professional building.
      51543 Van Dyke Ave, Utica, MI 48316
      View Details
    • $1,350 /Mo

      Office/Retail Space for Lease

      Office or retail space suitable for various professional services.
      5100 23 Mile Rd, Shelby Township, MI 48316
      View Details
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    Shelby Township, MI 48316-4446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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