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    18421 Lahser Rd Detroit, MI 48219

    For Sale
    $195,000

    Established auto repair business with expansion potential in Old Redford.

    Lot size:
    0.47 Acres

    Property Features for 18421 Lahser Rd

    General Information

    Lot size
    0.47 Acres

    Building Details

    Year built
    1959

    Source: Woodgate Realty Agent Nahar Ali

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

    Overview

    Auto Repair Business For Sale

    An established business, already licensed for auto repair operations, is available for acquisition. The property, along with an accompanying lot, offers potential for customization and expansion. Located in the Old Redford area, the property is situated amidst new developments. The facility specializes in both minor and major automotive repairs. Financing options through a land contract are available. When making an offer, evidence of financial capability and a purchase agreement are required.
    Insight Report Location Intelligence

    Current Use by Public Records

    JR Cash For Junk ... Junk Dealer Lahser Automotive Repair ... Auto Repair Shop

    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

    Chuck's Collision, Center Tire Inc of Redford, Baldwins Collision, Firestone Complete Auto Repair, Firestone Complete Auto Repair

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2585269
    Latitude
    42.4239711

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    FAQs

    What type of property is this?
    Auto shop - Established auto repair business with expansion potential in Old Redford.
    Where is this auto shop located?
    The property is located at 18421 Lahser Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Established auto repair business with existing license; - Land contract financing available; - Opportunity for customization and expansion with accompanying lot
    (248) 416-7498
    Request Owner's contact information
    18421 Lahser Rd Detroit, MI 48219
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    Detroit, MI 48219
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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
    18421 Lahser Rd Detroit, MI 48219
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