Auto Shop with Parking
For Sale
$1,295,000
14125 Industrial Center Drive, Shelby Twp, MI 48315
COM/IND/BUS OPP, Shelby Twp, MI
Property Size10,000 SF
Lot Size0.67 Acres
Price / SF$129.50
Days on Market29
Property Features for 14125 Industrial Center Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Subdivision
Shelby Twp (50007)
Standard status
Active
APN
23-07-24-128-008
Size
10,000 SF
Lot size
0.67 Acres
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
2000
Roof type
Flat
Listing Agency:
Pilot Property Group - Residential LLC
(586) 254-0900
Listed By:
Anthony Rubino · License #6502425251
(586) 873-5419
Added: Jul 30
Changed: Aug 19
Last Checked: Aug 27 at 10:06PM
MLS# 50216695
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive property includes a 10,000-square-foot building on a 0.67-acre site. Constructed in 2000, the facility has a flat roof, forced-air heating, public water service, and a dedicated parking lot. Both the interior and exterior have been recently painted.
The property is located at 14125 Industrial Center Drive in Shelby Township, Michigan, near the intersection of 23 Mile Road and Schoenherr Road. Its configuration is suited to automotive operations requiring enclosed building space and on-site parking.
The property is located at 14125 Industrial Center Drive in Shelby Township, Michigan, near the intersection of 23 Mile Road and Schoenherr Road. Its configuration is suited to automotive operations requiring enclosed building space and on-site parking.
Key Highlights
- 10,000‑square‑foot automotive property on 0.67 acres
- Recently painted interior and exterior
- Dedicated parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,920
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,478,400
$1.5M
Cap Rate 7%
$1,056,000
$1.1M
Cap Rate 9%
$821,333
$821.3K
Market Conditions
NOI Build-Up for 10,000 SF
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.
Gross rent
$120.0K $12.00/SF
− Vacancy
−$14.4K −$1.44/SF
EGI
$105.6K $10.56/SF
− OpEx
−$31.7K −$3.17/SF
NOI
$73.9K $7.39/SF
Area
Macomb County, MI
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,478,400
Cap Rate 7%
$1,056,000
Cap Rate 9%
$821,333
Alternative Uses
Best Use
Retail
$1.06M
$924.0K – $1.23M
NOI $73,920 @ 7.0% cap · market cap 5.71%
Second Best
Industrial
$770.3K
$674.0K – $898.7K
NOI $53,921 @ 7.0% cap · market cap 4.16%
Theoretical Best
Specialty Retail
$1.87M
$1.64M – $2.18M
NOI $131,051 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
906
Businesses Nearby
125k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 39%
Electronics 4%
Groceries 3%
Dollar Tree
Shops & Services
16,616 visits/mo
0.4 miles
Burger King
Dining
14,137 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
14,046 visits/mo
0.4 miles
Taco Bell
Dining
13,590 visits/mo
0.3 miles
Arby's
Dining
11,234 visits/mo
0.2 miles
Demographics for 48315, MI
28,597
Population
11,252
Households
2.5
Avg Household Size
48
Median Age
33%
College-Educated
92%
High-School Grad
12.9 sq mi
ZIP Area
2,217
Density / Sq Mi
$99,512
Median Household Income
$54,587
Median Earnings
$1,181
Median Rent
$357,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Dicicco's Auto & Truck Service Center — 49551 Hayes Rd, Shelby Township, MI 48316
- Cass Collision — 49491 Hayes Rd, Shelby Twp, MI 48315
- golden mustang petroleum — 14906 technology dr, shelby township, mi 48315
- Automated Solutions — 15019 Technology Dr, Shelby Township, MI 48315
- Valvoline Express Care — 49567 Hayes Rd, Utica, MI 48315
Frequently Asked Questions
What type of property is this?
Auto shop - Recently painted interiors and exterior complement a freestanding automotive facility with forced-air heating.
Where is this auto shop located?
The property is located at 14125 Industrial Center Drive Shelby Twp, MI.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 10,000‑square‑foot automotive property on 0.67 acres; Recently painted interior and exterior; Dedicated parking lot
