55130 Shelby RdShelby Township, MI 48316

Property Details for 55130 Shelby Rd

Year built

1989

Lot size

0.51 AC

Property size (Sq ft)

3,734 SF

Zone code

CK MAP

Property type

Office buildings

APN

23-07-05-376-008

APU

230705376008

Description

This exceptional 3,734 square foot office building, located at 55130 Shelby Rd, Shelby Township, MI 48316, presents a fantastic leasing opportunity. The single-story building, constructed in 1989 and extensively renovated in 2021, offers versatile space suitable for traditional office, executive office, or medical office uses. The property is classified as Class C and features a multi-tenant configuration, providing flexibility for businesses of various sizes. Its prime location at the crossroads of 25 Mile Rd and Shelby Rd offers unparalleled visibility and accessibility. The surrounding area boasts a vibrant mix of businesses, with numerous restaurants conveniently within walking distance. Recreational opportunities abound, with Stony Creek Metropark nearby and the Macomb Orchard Trail running directly behind the building. Ample parking is available, with 40+ spaces to accommodate tenants and their clients. This property provides a unique blend of convenience, accessibility, and recreational proximity, making it an ideal location for a variety of businesses seeking a well-maintained and conveniently located office space in Shelby Township. The building's recent renovation ensures modern amenities and a comfortable work environment. Don't miss this chance to secure your business's future in this thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $776,618

  6.5%

  $716,878

  7%

  $665,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $349,278

  Geo Method

  $349,278

• Alternative Use

  Use

  Valuation

  Residential

  $888,928

  Hospitality

  $814,254

  Educational

  $677,449

  Medical

  $700,748

  Retail

  $1,053,810

Location Insight

City

Shelby Township

County

Macomb

State

Michigan

Latitude

42.6983

Longitude

-83.069

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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