10311 W 8 Mile Road, Detroit, MI 48221
Business And Real Estate - Detroit, MI
- Added:
- Feb 19, 2026
- Days on Market:
- 132
- Last Refresh:
- Jul 1 at 1:06 pm
Property Features for 10311 W 8 Mile Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- W16I009471C6
- Size
- 6,508 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7524
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Building materials
- Brick
- Architectural style
- Other
Listing agent Joseph Delia (248) 649-7200
Listing office Keller Williams Paint Creek 440 S Main Street, Troy, MI (248) 649-7200
Listing date Feb 19, 2026
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey auto repair and collision facility with existing NOI of $250K–$300K.
- Includes real estate, core shop equipment, and valuable licensing (Used Tire, Used Car Dealer, and Collision).
- High‑traffic location on 8 Mile with approximately 103 feet of frontage and 24,000+ daily traffic counts.
- 6,500 SF masonry building with seven lifts, Hunter alignment machine, and dedicated refinishing/paint booth.
- Heated and cooled shop with new bay doors and modern security package.
- Seller financing is available.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.0k | $18.60 |
| − Vacancy | −$6.5k | −$1.00 |
| EGI | $114.5k | $17.60 |
| − OpEx | −$34.4k | −$5.28 |
| NOI | $80.2k | $12.32 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1482
- Latitude
- 42.4267
