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    15142 Joy Rd Detroit, MI 48228

    For Sale
    $179,900

    Business And Real Estate - Detroit, MI

    Property size:
    2,062 SF
    Lot size:
    0.05 Acres
    Days on Market:
    174
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 15142 Joy Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Light Industrial,Office,Residential
    APN
    W22I003072S
    Size
    2,062 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Expense value
    100000
    Expense
    Security Deposit
    Expense freq.
    Once

    Building Details

    Year built
    1931
    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    REMAX LEADING EDGE (313) 598-5322 [email protected]

    Listing agent Nader Rammal (313) 277-7777

    Listing date Jun 24, 2025

    MLS# 20240081421 Listing URL

    Copyright © 2025 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.

    Overview

    Detroit Commercial Property with Income

    This commercial real estate package on Joy Rd in Detroit, MI, presents a prime investment opportunity. The property includes three parcels on a 60 x 100 lot, along with a separate upper efficiency apartment. Situated in an area known for its thriving auto industry and just minutes from Dearborn, the property features modern updates, including new electrical, plumbing, and roofing, as well as two new door bays. The apartment has a separate entrance and utilities, enhancing its rental appeal. The property is currently generating $2,500 in monthly income from a detail shop and rented apartment. There is significant potential for expansion, with security fencing in place and ample parking for up to 18 cars. The additional vacant space is suitable for storage, warehousing, or further development. The property is zoned for commercial, light industrial, office, and residential use. The building size is 2062 square feet and the lot size is 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The BOM Constitutional Future ... Political Party Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Uncle Abe's Auto Repair, Mroue Auto Clinic, Sam's Auto Repair, Advance Auto Care Center, Tireman Oil Change

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1936389
    Latitude
    42.3584487

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    FAQs

    What type of property is this?
    Auto shop - Commercial property with rental income and expansion potential in Detroit.
    Where is this auto shop located?
    The property is located at 15142 Joy Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Prime location near Dearborn in an area known for its thriving auto industry.; - Currently generates $2,500 in monthly income from detail shop and apartment.; - Three parcels on a 60 x 100 lot with a separate upper efficiency apartment.
    (313) 277-7777
    Request Owner's contact information
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    Detroit, MI 48228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15142 Joy Rd Detroit, MI 48228
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