Automotive Service Building with Three
For Sale
$550,000
12520 Morang Drive, Detroit, MI 82001
COMMERCIAL - Detroit, MI
Property Size2,176 SF
Lot Size0.54 Acres
Price / SF$252.76
Days on Market690
Property Features for 12520 Morang Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Exterior features
Fence Owned
Fencing
Fenced
Lot features
Corner Lot
Subdivision
Detroit (82001)
Standard status
Active
APN
2107662332
Size
2,176 SF
Lot size
0.54 Acres
Utilities
Heating system
Forced Air, Hot Water(Heating)
Cooling system
Ceiling Fan(s), Humidity Control, Central Air, Exhaust Fan (Cooling)
Water source
Public
Building Details
Year built
1971
Roof type
Shingle
Additional Structures
Second Garage
Listing Agency:
Keller Williams Realty Lakeside
(586) 532-0500
Listed By:
Arkan Aboona · License #6506049110
(586) 438-4342
Added: Sep 10, 2024
Changed: Jul 31
Last Checked: Jul 31 at 9:06PM
MLS# 50154894
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Automotive service and dealership-use commercial property featuring 2,176 SF of building space, including office space and three large garage bays. The site includes approximately 0.54 acre of fenced land and is currently used as an automotive dealership, with the building and garage bays supporting a range of automotive-related operations, subject to applicable zoning, licensing, and governmental requirements.
The exterior includes a fence and the property has utilities and building systems that support day-to-day operations. Heating is provided via forced air and hot water, and cooling includes central air along with an exhaust fan, ceiling fans, and humidity control. Water is from the public system, and the roof is a shingle roof.
Built in 1971, this property is set up for an owner-user looking for a garage-bay focused layout with office space on a secured site. Buyer to verify all measurements, zoning, permitted uses, and other property information.
The exterior includes a fence and the property has utilities and building systems that support day-to-day operations. Heating is provided via forced air and hot water, and cooling includes central air along with an exhaust fan, ceiling fans, and humidity control. Water is from the public system, and the roof is a shingle roof.
Built in 1971, this property is set up for an owner-user looking for a garage-bay focused layout with office space on a secured site. Buyer to verify all measurements, zoning, permitted uses, and other property information.
Key Highlights
- 2,176 SF automotive dealership building with office space
- Three large garage bays
- Approximately 0.54 acre fenced lot with fence owned
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 | $40.5k | $18.60 |
| − Vacancy | −$2.2k | −$1.00 |
| EGI | $38.3k | $17.60 |
| − OpEx | −$11.5k | −$5.28 |
| NOI | $26.8k | $12.32 |
2,176 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$382.9K
$335.0K – $446.7K
NOI $26,802 @ 7.0% cap · market cap 4.87%
Second Best
Industrial
$151.2K
$132.3K – $176.4K
NOI $10,583 @ 7.0% cap · market cap 1.92%
Theoretical Best
Office A
$480.0K
$420.0K – $560.0K
NOI $33,602 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
38k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 41%
Wendy's
Dining
12,081 visits/mo
0.4 miles
Family Dollar
Shops & Services
11,587 visits/mo
0.3 miles
Little Caesars Pizza
Dining
7,683 visits/mo
0.5 miles
AutoZone
Shops & Services
4,026 visits/mo
0.3 miles
Jet's Pizza
Dining
3,015 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- A & M Automotive — 10845 Whittier Ave, Detroit, MI 48224
- Two Brothers Auto Shop Inc — 11300 Whittier Ave, Detroit, MI 48224
- Rob's Auto Excellence — 11350 Kelly Rd #1514, Detroit, MI 48224
- in-n-out auto clinic — 11350 Kelly Rd, Detroit, MI 48224
- Kings Auto Car Clinic — 11350 Kelly Rd, Detroit, MI 48224
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive dealership-ready facility with office space and three large garage bays on a fenced lot.
Where is this auto shop located?
The property is located at 12520 Morang Drive Detroit, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,176 SF automotive dealership building with office space; Three large garage bays; Approximately 0.54 acre fenced lot with fence owned
