Auto Repair Facility with Secured
13200 Joy Road Detroit, MI 48228
13200 Joy Road, Detroit, MI, 48228
$275,000
For Sale
$275,000
Auto repair facility with a secured, fenced-in lot currently occupied by month-to-month tenants.
Property Size1,119 SF
Price / SF$245.76
Days on Market190
Property Features for 13200 Joy Road
General Information
- Standard status
- Active
- Size
- 1,119 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1952
Listing agency
RE/MAX Team 2000
(313) 561-0900
Listed by
Yousef Beydoun · License #6501354088
(313) 561-0900
Source
Sabudarealty
Added: Jan 13 Updated: Jul 22 at 12:27AM Checked: Jul 22 at 6:48AM
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 RE/MAX Team 2000
Investment Insights
Based on property information with market context.
This auto repair facility is currently occupied by tenants on a month-to-month basis. The property includes a secured, fenced-in lot designed for vehicle and operations storage.
Located at 13200 Joy Road in Detroit, the site is offered for sale and described as priced to sell.
The combination of an occupied repair facility and secured outdoor lot supports automotive use for day-to-day operations where space and controlled access are important.
Located at 13200 Joy Road in Detroit, the site is offered for sale and described as priced to sell.
The combination of an occupied repair facility and secured outdoor lot supports automotive use for day-to-day operations where space and controlled access are important.
Key Highlights
- Auto repair facility built in 1952
- Currently occupied by month‑to‑month tenants
- Secured, fenced‑in lot
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 | $20.8k | $18.60 |
| − Vacancy | −$1.1k | −$1.00 |
| EGI | $19.7k | $17.60 |
| − OpEx | −$5.9k | −$5.28 |
| NOI | $13.8k | $12.32 |
1,119 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$196.9K
$172.3K – $229.7K
NOI $13,783 @ 7.0% cap · market cap 5.01%
Second Best
Industrial
$93.8K
$82.1K – $109.5K
NOI $6,567 @ 7.0% cap · market cap 2.39%
Theoretical Best
Office A
$229.8K
$201.1K – $268.2K
NOI $16,089 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Uncle Abe's Auto Repair — 14551 Tireman Ave, Dearborn, MI 48126
- Mroue Auto Clinic — 14551 Tireman Ave, Dearborn, MI 48126
- Sam's Auto Repair — 14440 Tireman Ave, Detroit, MI 48228
- Advance Auto Care Center — 13632 Tireman Ave, Detroit, MI 48228
- Tireman Oil Change — 14628 Tireman Ave, Detroit, MI 48228
FAQs
What type of property is this?
Auto shop - Auto repair facility with a secured, fenced-in lot currently occupied by month-to-month tenants.
Where is this auto shop located?
The property is located at 13200 Joy Road Detroit, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Auto repair facility built in 1952; Currently occupied by month‑to‑month tenants; Secured, fenced‑in lot
