Turnkey Auto Repair
11300 Greenfield Road Detroit, MI 48227
11300 Greenfield Road, Detroit, MI, 48227
Contact for pricing
For Sale
Contact for pricing
Well-established auto repair shop offered for sale at the Plymouth Rd and Greenfield Rd intersection.
Property Size4,064 SF
Price / SF$86.12
Days on Market9
Property Features for 11300 Greenfield Road
General Information
- Standard status
- Active
- Size
- 4,064 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1990
Listing agency
Woodgate Realty
(248) 416-7498
Listed by
Nahar Ali · License #MI
Source
Crexi
Added: Jul 14 Updated: Jul 22 at 6:55AM Checked: Jul 22 at 6:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woodgate Realty
Investment Insights
Based on property information with market context.
This offering is a turn-key auto repair shop designed for automotive service operations. The property is presented as a spacious, well-established shop and is described in the remarks as already generating solid revenue with a proven track record. Realtor presence is required for all showings, with no exceptions, and all information, measurements, and square footage are estimates only; buyers and their agents are responsible for verifying all details.
The shop is located at the intersection of Plymouth Rd and Greenfield Rd. The seller highlights the site as a high-traffic business location.
As presented, this is an owner-occupant or business-acquisition type opportunity for an existing automotive repair operation, with the emphasis on an established, ready-to-run shop.
The shop is located at the intersection of Plymouth Rd and Greenfield Rd. The seller highlights the site as a high-traffic business location.
As presented, this is an owner-occupant or business-acquisition type opportunity for an existing automotive repair operation, with the emphasis on an established, ready-to-run shop.
Key Highlights
- Well‑established auto repair shop for sale at the Plymouth Rd & Greenfield Rd intersection
- Year built: 1990
Local Financial Insights For Industrial
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 | $29.7k | $7.32 |
| − Vacancy | −$1.5k | −$0.37 |
| EGI | $28.2k | $6.95 |
| − OpEx | −$8.5k | −$2.08 |
| NOI | $19.8k | $4.86 |
4,064 SF · lease $7.32/SF/yr · vacancy 5.08% · expense 30.00%
Alternative Uses
Best Use
Retail
$513.2K
$449.0K – $598.7K
NOI $35,921 @ 7.0% cap · market cap 10.26%
Second Best
Industrial
$282.4K
$247.1K – $329.4K
NOI $19,766 @ 7.0% cap · market cap 5.65%
Theoretical Best
Multifamily LT 5
$661.2K
$578.5K – $771.4K
NOI $46,282 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A Tech Auto Clinic
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- First Collision LLC — 9122 Greenfield Rd, Detroit, MI 48228
- Car Care Collision — 8877 Hubbell Ave, Detroit, MI 48228
- Usa Glass — 9143 greenfield rd, detroit, mi 48228
- Action Towing Service — 8997 Greenfield Rd, Detroit, MI 48228
- Precision Auto Shop — 9131 Greenfield Rd, Detroit, MI 48228
FAQs
What type of property is this?
Auto shop - Well-established auto repair shop offered for sale at the Plymouth Rd and Greenfield Rd intersection.
Where is this auto shop located?
The property is located at 11300 Greenfield Road Detroit, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Well‑established auto repair shop for sale at the Plymouth Rd & Greenfield Rd intersection; Year built: 1990