Property summary
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
VerifiedCap rate & NOI
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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