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    Property profile & analytics

    Schoenherr Rd Shelby Township, MI 48315

    • Industrial land
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 29, 2021
    Location Intelligence
    Property ID
    US43-2660501
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial land

    Property Details for Schoenherr Rd

    Lot size
    0.90 lot acres
    Zone code
    LM
    Property type
    Industrial land
    APN
    23-07-14-400-056
    APU
    230714400056

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9979
    Latitude
    42.6761
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $464
    $0.00
    $0.00
    $97,000
    -
    $0.00
    $0.00
    $194,000

    Comparable in this City

    • Value Estimation by Request
      0.63 Acres

      50696 Design Ln

      INDUSTRIAL - VACANT LAND • 0.63 Acres
      50696 Design Ln, Shelby Township, MI 48315-3126
      View Details
    • Value Estimation by Request
      0.90 Acres

      Schoenherr Rd

      INDUSTRIAL - VACANT LAND • 0.90 Acres
      Schoenherr Rd, Shelby Township, MI 48315
      View Details
    • Value Estimation by Request
      45.60 Acres

      12735 22nd Mile Rd

      INDUSTRIAL - VACANT LAND • 45.60 Acres
      12735 22nd Mile Rd, Shelby Township, MI 48315-4105
      View Details
    • Value Estimation by Request
      0.25 Acres

      14383 Rick Dr

      INDUSTRIAL - VACANT LAND • 26,868 SF
      14383 Rick Dr, Shelby Township, MI 48315-2936
      View Details
    • Value Estimation by Request
      0.25 Acres

      14317 Rick Dr

      INDUSTRIAL - VACANT LAND • 26,868 SF
      14317 Rick Dr, Shelby Township, MI 48315-2936
      View Details
    • Value Estimation by Request
      0.25 Acres

      14341 Rick Dr

      INDUSTRIAL - VACANT LAND • 26,868 SF
      14341 Rick Dr, Shelby Township, MI 48315-2936
      View Details

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      Shelby Twp Vacant Residential Land

      Cleared land in Shelby Twp ready for your dream home.
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      Hayes Road Commercial Land Available

      Commercial land with frontage on Hayes Road, all utilities available.
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    Similar Nearby for Lease

    • Contact for pricing

      Land for Lease Opportunity

      Land available for lease in new development.
      13310 23 Mile Rd, Shelby Township, MI 48315
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      1 SF

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      Prime Shelby Twp Retail Land

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      Land for Lease Opportunity

      Land available for lease in Shelby Township, Michigan.
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      Land for Lease Opportunity

      Land available for lease in Shelby Township, Michigan.
      Schoenherr Rd, Shelby Township, MI 48315
      View Details
    • $25 SF/Yr
      3,240 SF

      Shelby Township Flex Space Available

      Flex space with high ceilings, overhead doors, and ample parking.
      45147-45231 Market St, Shelby Township, MI 48315
      View Details
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    Schoenherr Rd
    Shelby Township, MI 48315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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