Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17672 Dix Rd Melvindale, MI 48122

    Sponsored
    For Lease
    Contact for pricing

    Automotive Repair Facility For Lease

    Description

    Added:
    Jan 31, 2026
    Days on Market:
    8
    Automotive repair facility for lease. 4 bays, 2 brand new lifts/hoists (hoist capacity available upon request), 4 lifts/hoists in total, 1 air compressor,
    2 bathrooms-one is handicap accessible. An office area separate from customer wait area/front desk.
    Photo's available upon request.
    Viewing available by appointment only, please contact regarding monthly lease.
    Lease includes water, landscaping/snow removal, security monitoring system, tenant pays all other utilities and must purchase and maintain liability insurance.

    Property Features for 17672 Dix Rd

    General Information

    Property type
    Automotive properties
    Lease Type
    Net Lease
    TSF (Total sq. ft)
    2,638-2,638 SF
    USF (Usable sq. ft)
    2,638-2,638 SF
    Class
    C
    Total Parking Spaces
    10
    Elevators
    N/A
    Lease Term
    Flexible

    Building Details

    Year Built/Renovated
    1924/2025
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Brad Butcher

    Learn more

    Property Insight Report
    Location Intelligence

    Current Use by Public Records

    Cheap Car Insurance ... Auto Repair Shop Melvindale Motor & Transmission Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melvindale
    State
    Michigan
    Longitude
    -83.1693065
    Latitude
    42.2837525

    Nearby Comparable

    • $1,500 /Mo

      Retail/Office Space For Lease

      Two commercial units available for lease in high-traffic area.
      465 S Schaefer Hwy, Detroit, MI 48217
      View Details
    • $7,900 /Mo

      Industrial Space with Main Road Exposure

      Clean, well-maintained industrial space with excellent main road exposure.
      17950 Allen Rd, Melvindale, MI 48122
      View Details
    • Contact for pricing

      Detroit Office Space Available

      Office space for rent in Detroit, Michigan.
      425 S Campbell St, Detroit, MI 48209
      View Details
    • $17 SF/Yr
      3,322 SF

      Detroit Retail Space - Fort Street

      Prime 2,000 SF Retail Space Available
      3511 Fort St, Detroit, MI 48217
      View Details
    • $1,200 /Mo

      Retail Space in Busy Location

      High-traffic retail space suitable for various businesses.
      1161 Dix Hwy, Lincoln Park, MI 48146
      View Details
    • Contact for pricing

      Dearborn Commercial Property For Rent

      Commercial property available for rent in Dearborn, Michigan.
      3969 Wyoming Ave, Dearborn, MI 48120
      View Details
    • Contact for pricing
      11,000 SF

      New Medical Office Building

      Medical office space available in newly constructed Dearborn building.
      9550 Dix St, Dearborn, MI 48120
      View Details
    • Contact for pricing

      Dearborn Office Space Available

      Office space available for rent in Dearborn, Michigan.
      3969 Wyoming Ave, Dearborn, MI 48120
      View Details
    • Contact for pricing
      5,750 SF

      Retail Space in Fairlane Green

      Retail space available in a premier Metro Detroit shopping center.
      3310 Fairlane Dr, Allen Park, MI 48101
      View Details
    • Contact for pricing
      4,650 SF

      Retail Space in Allen Park

      Retail space available in premier Metro Detroit shopping center.
      3424 Fairlane Dr, Allen Park, MI 48101
      View Details
    • $4 SF/Yr
      134,157 SF

      River Rouge Warehouse Space Available

      Large industrial warehouse space for lease in Michigan.
      1721 Pleasant St, River Rouge, MI 48218
      View Details
    • $17 SF/Yr
      136,553 SF

      Greenfield Road Office Space

      Dearborn Office Building - 26,690 SF Available
      3200 Greenfield Rd, Dearborn, MI 48120
      View Details

    Nearby Similar for Lease

    • $7,900 /Mo

      Industrial Space with Main Road Exposure

      Clean, well-maintained industrial space with excellent main road exposure.
      17950 Allen Rd, Melvindale, MI 48122
      View Details

    FAQs

    What type of property is this?
    Automotive property - Automotive Repair Facility For Lease
    Where is this automotive property located?
    The property is located at 17672 Dix Rd Melvindale, MI.
    (313) 670-6314
    Request Owner's contact information
    17672 Dix Rd Melvindale, MI 48122
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17672 Dix Rd
    Melvindale, MI 48122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17672 Dix Rd Melvindale, MI 48122
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brad Butcher
    (313) 670-6314
    Learn more
    Google sign-in failed. Please try again or use another login method.