Turnkey Auto Repair
10311 W 8 Mile Road, Detroit, MI 48221
Business And Real Estate - Detroit, MI
Property size:
6,508 SFLot size:
0.28 AcresPrice / SF:
$184/SF- Added:
- Feb 19, 2026
- Days on Market:
- 86
- Last Refresh:
- May 16 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
MLS# 20261010365
Listing URL
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
This 6,500 square foot masonry auto repair and collision facility is positioned on a 0.28-acre parcel with approximately 103 feet of frontage on 8 Mile. The property is designed for throughput, featuring seven lifts, a Hunter alignment machine, and a refinishing/paint booth. The entire shop is heated and cooled, and includes new bay doors with security coverings and a security package. The sale includes the real estate, core shop equipment (air compressor, welding machine, tire/AC machines), and licensing: Used Tire, Used Car Dealer, and Collision Licenses (buyer to qualify for transfer). The property is located near Woodward Ave, providing regional connectivity and access to a residential trade area with over 24,000 daily traffic counts. The facility is currently operating with a reported NOI of $250,000 to $300,000. It is suitable for an operator looking to scale by leveraging existing DRP relationships and fleet accounts.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$890.7K
NOI $80,159 @ 9.00% cap · cautious / downside scenario
Moderate
$1.15M
NOI $80,159 @ 7.00% cap · market / base-case scenario
Aggressive
$1.60M
NOI $80,159 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| 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 |
6,508 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$1.15M
$1.00M – $1.34M
NOI $80,159 @ 7.0% cap · market cap 6.68%
Second Best
Industrial
$452.2K
$395.7K – $527.6K
NOI $31,653 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$1.44M
$1.26M – $1.67M
NOI $100,498 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- United Transmissions — james couzens fwy, detroit, mi 48235
- A&A 24hr Towing — 19728 Appoline St #1103, Detroit, MI 48235
- Detroit Hot Wheel City — 14711 M-102, Detroit, MI 48235
- Henderson Automotive, LLC — 14600 eight mile rd w, oak park, mi 48237
- flat rate towing — 19751 Strathmoor St, Detroit, MI 48235, United States
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1482
- Latitude
- 42.4267
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - 6,500 SF auto repair facility on 8 Mile.
Where is this auto shop located?
The property is located at 10311 W 8 Mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 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.
