Listing Agency: CBRE - Detroit s***@cbre.com Show Phone

Listed By: Scott Young · License #6501367356 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 20 Last Checked: Aug 20 at 9:56AM

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Investment Insights

Based on property information with market context.

This is a 20,234 square foot commercial property formerly used as an auto dealership. The property includes 248 parking spaces, suitable for automotive or retail purposes.

Key Highlights

• 20,234 SF Former Auto Dealership
• Ample Parking with 248 Spaces
• Suitable for Redevelopment

Property Analytics

Property Profile

Current Use

Automotive properties

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Dental Office Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

250

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 48161, MI

26,571

Population

12,015

Households

2.2

Avg Household Size

40

Median Age

19%

College-Educated

89%

High-School Grad

44.8 sq mi

ZIP Area

593

Density / Sq Mi

$65,517

Median Household Income

$40,184

Median Earnings

$955

Median Rent

$173,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this automotive properties located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Automotive property - 20,234 SF former auto dealership with 248 parking spaces.

Where is this automotive property located?

The property is located at 15354 South Dixie Highway Monroe, MI.

What is the asking price?

The asking price for this property is $1,486,000.

What are key features of this property?

This property features: 20,234 SF Former Auto Dealership; Ample Parking with 248 Spaces; Suitable for Redevelopment