Auto Shop with Truck Paint
1250 W Hamlin Road, Rochester Hills, MI 48309
For Sale
New
$2,500,000
The facility is fully leased and has paint booths designed for semi-trucks and other oversized vehicles.
Property Size14,200 SF
Price / SF$176.06
Days on Market3
Property Features for 1250 W Hamlin Road
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Tenancy & Operations
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Annual Taxes
Amenities
semi-truck paint booths
upgraded HVAC
resurfaced parking lot
newer roof
dedicated employee parking
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Anthony Djon Luxury Real Estate
Listed By:
AnnMarie Turdo
(586) 800-2294
Source:
Homeflexrealty
Added: Nov 10
Last Checked: Nov 12 at 1:30PM
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 Anthony Djon Luxury Real Estate
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Investment Insights
Based on property information with market context.
This 14,200-square-foot auto shop in Rochester Hills was built in 1981 and is fully leased to a nationally recognized franchise. Its specialized paint booths accommodate semi-trucks and other oversized vehicles. Building improvements include upgraded HVAC, a resurfaced parking lot, and a newer roof.
The property is located at 1250 W Hamlin Road in Rochester Hills, Michigan.
The property is located at 1250 W Hamlin Road in Rochester Hills, Michigan.
Key Highlights
- 14,200‑square‑foot auto shop
- Paint booths accommodate semi‑trucks and oversized vehicles
- Fully leased to a nationally recognized franchise
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,798
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,055,960
$3.1M
Cap Rate 7%
$2,182,829
$2.2M
Cap Rate 9%
$1,697,756
$1.7M
Market Conditions
NOI Build-Up for 14,200 SF
Gross rent
$238.6K $16.80/SF
− Vacancy
−$20.3K −$1.43/SF
EGI
$218.3K $15.37/SF
− OpEx
−$65.5K −$4.61/SF
NOI
$152.8K $10.76/SF
Area
Oakland County, MI
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,055,960
Cap Rate 7%
$2,182,829
Cap Rate 9%
$1,697,756
Alternative Uses
Best Use
Retail
$2.18M
$1.91M – $2.55M
NOI $152,798 @ 7.0% cap · market cap 6.11%
Second Best
Industrial
$1.01M
$879.5K – $1.17M
NOI $70,356 @ 7.0% cap · market cap 2.81%
Theoretical Best
Specialty Retail
$3.06M
$2.68M – $3.57M
NOI $214,397 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Home Improvements & Furnishings 36%
City Electric Supply
Home Improvements & Furnishings
991 visits/mo
0.4 miles
CubeSmart Self Storage
Shops & Services
761 visits/mo
0.3 miles
Maaco
Shops & Services
378 visits/mo
0.0 miles
Gerber Collision & Glass
Shops & Services
339 visits/mo
0.1 miles
CARSTAR
Shops & Services
275 visits/mo
0.3 miles
Demographics for 48309, MI
31,541
Population
11,635
Households
2.7
Avg Household Size
41
Median Age
63%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,022
Density / Sq Mi
$117,788
Median Household Income
$60,689
Median Earnings
$1,625
Median Rent
$394,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Auto shops in Oakland County, MI
Properties on Market for Auto shops in Oakland County
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Extraction of Broken keys Rochester Hills — 2881 Crooks Rd, Rochester Hills, MI 48309, United States
- Maz Automotive — 2260 Crooks Rd, Rochester Hills, MI 48309
- M59 & crooks auto repair — 2260 Crooks Rd, Rochester Hills, MI 48309
- SOS Motors Auto Sales INC — 1862 Star-Batt Dr, Rochester Hills, MI 48309
- Marshall's Auto Repair — 1852 Star-Batt Dr, Rochester Hills, MI 48309
Frequently Asked Questions
What type of property is this?
Auto shop - The facility is fully leased and has paint booths designed for semi-trucks and other oversized vehicles.
Where is this auto shop located?
The property is located at 1250 W Hamlin Road Rochester Hills, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 14,200‑square‑foot auto shop; Paint booths accommodate semi‑trucks and oversized vehicles; Fully leased to a nationally recognized franchise
