Turn-Key Auto Repair
Dearborn Heights, MI 48125 Dearborn Heights, MI 48125
Dearborn Heights, MI, 48125
$2,200,000
For Sale
$2,200,000
Fully-equipped auto repair building with high visibility and ample parking.
Property Size7,555 SF
Price / SF$291.20
Days on Market177
Property Features
General Information
- Standard status
- Active
- Size
- 7,555 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing agency
Signature Associates
(248) 882-0506
Listed by
Anatola Sesi · License #6501386692
(248) 882-0506
Source
Tcnworldwide
Added: Jan 27 Updated: Jul 10 at 12:53PM Checked: Jul 23 at 5:57AM
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 Signature Associates
Investment Insights
Based on property information with market context.
This commercial property in Dearborn Heights is a turn-key service and auto repair facility. The property features a fully-equipped auto repair building with service bays, lifts, a frame machine, a body shop, and office space. Ample parking is available. The property is located on S. Telegraph Road, offering high visibility and strong traffic flow. It is situated in proximity to I-94 and surrounded by local and national retailers. The property is ready for immediate operation and has a size of 7555 square feet. This property is suitable for auto shops, automotive properties, retail properties and spaces.
Key Highlights
- Fully‑equipped, turn‑key auto repair facility ready for immediate operation.
- Prime commercial location on high‑traffic S. Telegraph Road.
- Includes service bays, lifts, frame machine, and body shop.
Local Financial Insights For Retail
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 | $108.8k | $14.40 |
| − Vacancy | −$6.5k | −$0.86 |
| EGI | $102.3k | $13.54 |
| − OpEx | −$30.7k | −$4.06 |
| NOI | $71.6k | $9.48 |
7,555 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$894.8K – $1.19M
NOI $71,585 @ 7.0% cap · market cap 3.25%
Second Best
Industrial
$558.8K
$488.9K – $651.9K
NOI $39,113 @ 7.0% cap · market cap 1.78%
Theoretical Best
Specialty Retail
$1.40M
$1.22M – $1.63M
NOI $97,913 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Airbag Fix — 5855 Tulane St, Taylor, MI 48180
- GNR AUTOMAX — 25111 Van Born Rd, Taylor, MI 48180
- Used Transmission and Engine Depot — 24614 Van Born Rd, Dearborn Heights, MI 48125, United States
- K&A CUSTOMS — 5317 S Telegraph Rd, Dearborn Heights, MI 48125
- Dearborn Total Automotive I — 23416 Van Born Rd, Dearborn Heights, MI 48125
FAQs
What type of property is this?
Auto shop - Fully-equipped auto repair building with high visibility and ample parking.
Where is this auto shop located?
The property is located at Dearborn Heights, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Fully‑equipped, turn‑key auto repair facility ready for immediate operation.; Prime commercial location on high‑traffic S. Telegraph Road.; Includes service bays, lifts, frame machine, and body shop.
