Auto Repair Facility With Service
For Sale
$2,200,000
4843 S Telegraph Rd, Dearborn Heights, MI 48125
C2-zoned automotive property with repair bays, body shop space, offices, and on-site parking.
Property Size7,555 SF
Price / SF$291.20
Days on Market677
Property Features for 4843 S Telegraph Rd
General Information
Standard status
Active
Size
7,555 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
C2
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
lifts
frame machine
body shop
office space
brand-new roof
updated electrical
new HVAC
insulated powered garage doors
Building Details
Building Size
7,555 SF
Year Built
1960
Buildings
1
Stories
1
Listing Agency:
Signature Associates - Southfield
Listed By:
Anatola Sesi · License #6501444197
(248) 359-0629
Source:
Cpix.resimplifi
Added: Dec 6, 2024
Changed: Oct 5
Last Checked: Oct 12 at 4:36PM
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 - Southfield
Investment Insights
Based on property information with market context.
This 7,555-square-foot automotive facility was built in 1960 and includes service bays, vehicle lifts, a frame machine, body shop space, offices, and parking. The property also features a new roof, upgraded electrical service, new HVAC, and insulated garage doors with power operation. These improvements support continued automotive repair and service use.
Positioned on S. Telegraph Road in Dearborn Heights, the property benefits from high visibility, nearby access to I-94, and surrounding local and national retail businesses. C2 zoning is in place, and the building is configured for an operating repair business with multiple functional areas.
Positioned on S. Telegraph Road in Dearborn Heights, the property benefits from high visibility, nearby access to I-94, and surrounding local and national retail businesses. C2 zoning is in place, and the building is configured for an operating repair business with multiple functional areas.
Key Highlights
- 7,555 SF automotive repair facility built in 1960
- Service bays with vehicle lifts and frame machine
- Dedicated body shop and office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,585
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,431,700
$1.4M
Cap Rate 7%
$1,022,643
$1.0M
Cap Rate 9%
$795,389
$795.4K
Market Conditions
NOI Build-Up for 7,555 SF
Gross rent
$108.8K $14.40/SF
− Vacancy
−$6.5K −$0.86/SF
EGI
$102.3K $13.54/SF
− OpEx
−$30.7K −$4.06/SF
NOI
$71.6K $9.48/SF
Area
Wayne County, MI
Vacancy
6.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,431,700
Cap Rate 7%
$1,022,643
Cap Rate 9%
$795,389
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
169k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 19%
Groceries 14%
Home Improvements & Furnishings 2%
McDonald's
Dining
32,268 visits/mo
0.4 miles
Aldi
Groceries
23,991 visits/mo
0.4 miles
Taco Bell
Dining
20,804 visits/mo
0.2 miles
Wendy's
Dining
17,729 visits/mo
0.3 miles
Burger King
Dining
13,339 visits/mo
0.4 miles
Demographics for 48125, MI
22,070
Population
8,791
Households
2.5
Avg Household Size
38
Median Age
16%
College-Educated
87%
High-School Grad
4.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$59,534
Median Household Income
$38,241
Median Earnings
$1,298
Median Rent
$119,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- GNR AUTOMAX — 25111 Van Born Rd, Taylor, MI 48180
- Used Transmission and Engine Depot — 24614 Van Born Rd, Dearborn Heights, MI 48125, United States
- Dearborn Total Automotive I — 23416 Van Born Rd, Dearborn Heights, MI 48125
- Airbag Fix — 5855 Tulane St, Taylor, MI 48180
- K&A CUSTOMS — 5317 S Telegraph Rd, Dearborn Heights, MI 48125
Frequently Asked Questions
What type of property is this?
Auto shop - C2-zoned automotive property with repair bays, body shop space, offices, and on-site parking.
Where is this auto shop located?
The property is located at 4843 S Telegraph Rd 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: 7,555 SF automotive repair facility built in 1960; Service bays with vehicle lifts and frame machine; Dedicated body shop and office areas
