55133 Van Dyke AveShelby Township, MI 48316

  • Commercial land
  • 850 SF

Property Details for 55133 Van Dyke Ave

Year built
1947
Lot size
5.16 AC
Property size (Sq ft)
850 SF
Zone code
R-12
Property type
Commercial land
APN
23-07-04-476-005
APU
230704476005

Description

This exceptional Class A commercial property, "Shops At River's Edge," offers a diverse range of spaces ideal for retail, restaurant, and office uses. The 37,204 square foot complex sits on a 4.1-acre lot in Macomb County and boasts three buildings, each with unique offerings. Building #1 (North) features 1,940 square feet and 8,070 square feet of available retail space. Building #2 (South) provides 10,133 square feet of retail space and a 1,973 square foot drive-thru opportunity. Building #3 offers a 5,990 square foot restaurant space complete with an outdoor patio, plus 10,322 square feet of office space. The property features a total of 14 suites, with a minimum divisible space of 1,870 square feet and a maximum contiguous space of 19,290 square feet. Ample parking is available with 255 spaces. The property is conveniently located just north of 25 Mile Road, west of Van Dyke Avenue, offering excellent visibility and convenient access along a high-traffic corridor. Its proximity to M-53 further enhances its accessibility. The property is zoned C-2 and was newly constructed in 2024. The single-story buildings offer a modern and efficient layout. This is a rare opportunity to secure space in a brand-new, high-visibility location. The APN is 23-07-04-476-005.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $348,618
    Retail / Commercial
    $181,804
    Mixed-Use / Specialty
    $183,547
    Hospitality / Lodging
    $137,776
    Office
    $184,947
    Institutional / Educational
    $191,669
    Residential Income
    $224,253
    Multifamily
    $255,701
    Automotive / Energy
    $164,288
    Parking / Income-Based Land
    $54,331.40
    Restaurant / Food Service
    $100,567
    Healthcare / Senior Housing
    $185,772

Location Insight

City
Shelby Township
County
Macomb
State
Michigan
Latitude
42.6999
Longitude
-83.0362
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
2022
$3,500
-
-
$399,200
-
-
-
$798,400

FAQs

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