55430 Van Dyke Ave, Shelby Township, MI 48316-5306
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Shelby Township, MIShelby Township. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.