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    15430 Fenkell St Detroit, MI 48227

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    For Sale
    $1,300,000

    Long-standing auto repair business with additional lot for sale.

    Lot size:
    0.35 Acres

    Property Features for 15430 Fenkell St

    General Information

    Lot size
    0.35 Acres

    Building Details

    Year built
    1989

    Source: Terra Realty LLC Agent Michael Z Hattar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Auto Repair Facility

    This automotive repair facility has been serving the surrounding community since the 1980s. The property includes an additional lot with the sale, presenting various options for the new owner. The facility has the potential to be reverted back into a gasoline service station, or the extra lot could be used for parking to convert the property into a dealership and repair shop combination. The existing auto repair facility features a storage room, two bathrooms, an office area, and a waiting area. Five of the seven garage bays are equipped with working hoists. There is potential to add two additional hoists to increase revenue and add value. The property is located on the corner of Fenkell and Greenfield.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    1 Mill Towing & Recovery LLC, Motown Automotive SuperCenter, Super smart auto repair, Orson's Collision & Auto Repair, Perfect Auto Service

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1982153
    Latitude
    42.4017411

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    FAQs

    What type of property is this?
    Auto shop - Long-standing auto repair business with additional lot for sale.
    Where is this auto shop located?
    The property is located at 15430 Fenkell St Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Established automotive repair business with a long history (since the 1980s).; - Includes an additional lot, providing expansion or redevelopment opportunities.; - Potential to revert to a gasoline service station or convert to a dealership/repair shop combo.
    (313) 608-0234
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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
    15430 Fenkell St Detroit, MI 48227
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