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    12101 Morang Ave Detroit, MI 48224

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    For Sale
    $650,000

    Turnkey car wash business opportunity in a high-traffic Detroit location.

    Lot size:
    0.10 Acres

    Property Features for 12101 Morang Ave

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1948

    Source: Island Realty - KW Advantage Agent Roshawnda Harvard

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

    Overview

    Renovated Car Wash in Detroit

    This is a newly renovated two-bay car wash featuring brand-new equipment and a modern design. The property is positioned on a high-traffic road in Detroit. This turnkey business is ready for operation. It is suited for entrepreneurs or investors looking for immediate cash flow potential.
    Location Intelligence

    Current Use by Public Records

    Car washes

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.941
    Latitude
    42.4104

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    FAQs

    What type of property is this?
    Car wash - Turnkey car wash business opportunity in a high-traffic Detroit location.
    Where is this car wash located?
    The property is located at 12101 Morang Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Newly renovated with brand-new equipment; - Turnkey business ready for immediate operation; - Located on a high-traffic road in Detroit
    (734) 671-2280
    Request Owner's contact information
    12101 Morang Ave Detroit, MI 48224
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    Detroit, MI 48224
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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
    12101 Morang Ave Detroit, MI 48224
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