Property summary
This exceptional 5.19-acre commercial land parcel presents a rare opportunity in Shelby Township, Michigan. Located on Van Dyke Avenue between 25 Mile Road and 26 Mile Road, this highly visible site boasts strong traffic counts and is ideally suited for a variety of commercial uses. The property is zoned C-1, offering flexibility for national or local businesses and developers. With approximate dimensions of 600 feet by 376 feet, the site provides ample space for significant development. Its prime location within a thriving community, coupled with its proximity to the M-53 expressway, ensures excellent accessibility and high exposure. The asking price is $1,950,000, translating to $375,723 per acre. The property includes multiple APNs: 23-07-03-303-005, 23-07-03-303-004, 23-07-03-303-013, 23-07-03-303-014, and 23-07-03-303-007. This represents one of the last remaining larger development sites on this heavily trafficked section of Van Dyke Avenue, making it a truly unique investment opportunity. The address is 55400-55460 Van Dyke Ave, Shelby Township, MI 48316.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Shelby Township, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-1 in Shelby Township, MI.
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