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Property profile & analytics
OFF-MARKET
Office buildings
53409 Van Dyke Ave, Shelby Township, MI 48316-1859
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1090546
Property summary
AI-generated overview
This 915 sq ft retail building is located at 53409 Van Dyke Ave, Shelby Township, MI 48316. Situated on a 0.53-acre lot, this single-tenant property boasts prime frontage on Van Dyke Avenue, experiencing over 23,000 vehicles per day. Built in 1971, the two-story Class C building offers excellent monument signage opportunities. The property includes 10 parking spaces. The interior is currently vacant, providing a blank canvas for a new tenant. The zoning is C-1. The property features a total of 915 square feet, all of which is currently vacant. The building consists of one structure and has no elevators. The parcel number is 23-07-09-477-001. This location is north of 24 Mile Road, offering convenient access and high visibility. This is an exceptional opportunity for an investor or business owner seeking a high-traffic location in a thriving community. The property's size and location make it ideal for a variety of retail uses. Contact for details.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
915 SF
Lot
0.53 ac (23,217 SF)
Zoning code
CK MAP
APN
23-07-09-477-001
UPID
US43-1090546
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ga Shelby Van Dyke LLC · 2 yrs held
Ga Shelby Van Dyke LLC
since 2023
2 recorded transactions
Zoning & alternative use
CK MAP · Shelby Township, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shelby Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby Township submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,343
Tax year 2023
Assessed value
$120,200
Assessed 2024
Previous assessed
$120,200
+0.0% YoY
Effective rate
4.45%
On assessed value
Total market value
$240,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Stories
1
Total area
915 SF
Lot
0.53 ac (23,217 SF)
Zoning code
CK MAP
APN
23-07-09-477-001
UPID
US43-1090546
Jurisdiction
MACOMB
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
CK MAP · Shelby Township, MI
Zoning CK MAP · permitted uses
CK MAP · Shelby Township, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelby Township. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Ga Shelby Van Dyke LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5555 WW RD, WASHINGTON, MI 48094-2664
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
$550,000
Ga Shelby Van Dyke LLC
Kyle Rajel
Warranty Deed
—
Jun 16, 2006
—
Rajel Emily A Living Trust
Rajel,emily
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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