Property profile

51831 Van Dyke Ave Shelby Township, MI 48316

OFF-MARKET
Assisted living facilities
Property ID
US43-4278201
41,168 SF 5.25 ac lot Built 2018
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2018
Total area 41,168 SF
Lot 5.25 ac (228,690 SF)
Zoning code C-2
APN 23-07-16-426-018
UPID US43-4278201

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
  • Nursing Home Retirement Community

Location

51831 Van Dyke Ave Shelby Township, MI 48316-4454
Shelby Township metro Census 225200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2022
Price N/A

Zoning & alternative use

C-2 · Shelby Township, MI
Zoning description

The C-2, General Business Commercial District is intended primarily for uses emphasizing community shopping needs for the citizens of Shelby Township that are of a higher intensity than those found in a traditional downt…

General category COMMERCIAL

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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