11445 Van Dyke Avenue Unit SourceFi Detroit, MI 48234

11445 Van Dyke Avenue Unit SourceFi, Detroit, MI, 48234

$595,000

For Sale

$595,000

For-sale automotive commercial property featuring a single unit, with 7,400 square feet available in Detroit.

Property Size7,400 SF

Price / SF$80.41

Days on Market332

Property Features for 11445 Van Dyke Avenue Unit SourceFi

General Information

Standard status: Active
Size: 7,400 SF
Property subtype: Industrial

Building Details

Year Built: 1943

Listing agency KW Platinum

Listed by David Slater · License #6501429476

Source Xome

Added: Aug 25, 2025 Updated: Jul 18 at 2:45AM Checked: Jul 22 at 3:51AM

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 KW Platinum

Investment Insights

Based on property information with market context.

This for-sale automotive commercial property is listed as a single unit and includes 7,400 square feet of space. The asset is categorized for auto shop and automotive property use, making it a straightforward fit for buyers seeking an automotive-oriented footprint.

The property is located at 11445 Van Dyke Avenue in Detroit, MI 48234. The listing references “Unit SourceFi,” indicating the specific unit configuration within the address.

Interested parties should review the unit details and intended layout with the broker, as the provided information does not specify interior configuration or current operating status beyond the overall automotive property classification.

Key Highlights

Single‑unit automotive commercial property with 7,400 SF available in Detroit
Built in 1943
Lot size is 0.38

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$54.2k	$7.32
− Vacancy	−$2.8k	−$0.37
EGI	$51.4k	$6.95
− OpEx	−$15.4k	−$2.08
NOI	$36.0k	$4.86

7,400 SF · lease $7.32/SF/yr · vacancy 5.08% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.30M

$1.14M – $1.52M (±1% cap)

NOI $91,145 @ 7.0% cap · market cap 15.32%

Second Best

Industrial

$514.2K

$449.9K – $599.9K (±1% cap)

NOI $35,991 @ 7.0% cap · market cap 6.05%

Theoretical Best

Office A

$1.63M

$1.43M – $1.90M (±1% cap)

NOI $114,273 @ 7.0% cap · market cap 19.21%

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

Property Analytics

Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

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