Property profile

55430 Van Dyke Ave Shelby Township, MI 48316

OFF-MARKET
Commercial real estate
Property ID
US43-0797016
1,322 SF 0.86 ac lot Built 1955
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 1.72-acre commercial land parcel, located at 55430 Van Dyke Ave in Shelby Township, Michigan (48316), presents a rare development opportunity. Zoned C-1, this property offers significant flexibility for a wide range of commercial uses. The lot boasts approximate dimensions of 200 feet by 374 feet, providing ample space for construction. Situated in a highly desirable location amongst established national businesses, this site benefits from exceptional visibility on a major thoroughfare, Van Dyke Avenue. Its proximity to the M-53 Expressway ensures convenient access for customers and employees. This is one of the last remaining development sites on this section of Van Dyke Avenue, making it a truly unique investment opportunity in the rapidly growing Shelby Township community. The asking price is $1,500,000, translating to approximately $872,093 per acre. The property's APN is 23-07-03-303-005; 23-07-03-3004. This prime location and flexible zoning make this an ideal site for any commercial venture seeking high visibility and convenient access.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Total area 1,322 SF
Lot 0.86 ac (37,549 SF)
Zoning code C-1
APN 23-07-03-303-005
UPID US43-0797016

Cap rate & NOI

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

Location

55430 Van Dyke Ave Shelby Township, MI 48316-5306
Shelby Township metro Census 225100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$265k

Owner & transaction history

since 2026
3 recorded transactions
2026
Price N/A
2025
Price N/A
2011
Price N/A

Zoning & alternative use

C-1 · Shelby Township, MI

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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