Auto Service Repair
2042 W Davison Detroit, MI 48238
2042 W Davison, Detroit, MI, 48238
$200,000
For Sale
$200,000
Built in 1963, this auto service mechanic repair shop sits on a 16,000-square-foot lot and is sold as-is.
Property Size1,301 SF
Lot Size0.37 Acres
Price / SF$153.73
Days on Market232
Property Features for 2042 W Davison
General Information
- Standard status
- Active
- Size
- 1,301 SF
- Lot size
- 0.37 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing agency
Herbert J Hill Realty Real Estate Master
(313) 341-2656
Listed by
Herbert J Hill Jr · License #6504381646
(313) 341-2656
Source
Phgrealty
Added: Dec 2, 2025 Updated: Jul 21 at 8:05AM Checked: Jul 22 at 6:28AM
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 Herbert J Hill Realty Real Estate Master
Investment Insights
Based on property information with market context.
This property is a full-service auto service facility built in 1963 and previously used as a mechanic repair shop. The structure is approximately 1,301 square feet and is set back on a 16,000-square-foot lot. The sale is offered in an as-is condition, with the seller stating they will consider requests for improvements and has reported no environmental issues.
The property is located at 2042 W Davison in Detroit, Michigan. It is described as an auto service location suitable for related uses such as oil change and detailing, subject to applicable requirements.
The site configuration includes a small setback structure on the larger lot, providing an established footprint for automotive service operations as currently configured.
The property is located at 2042 W Davison in Detroit, Michigan. It is described as an auto service location suitable for related uses such as oil change and detailing, subject to applicable requirements.
The site configuration includes a small setback structure on the larger lot, providing an established footprint for automotive service operations as currently configured.
Key Highlights
- Auto service mechanic repair shop built in 1963
- 1301 sq. ft. structure set back on a 16,000 sq. ft. lot
- Sold in an as‑is condition
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 | $24.2k | $18.60 |
| − Vacancy | −$1.3k | −$1.00 |
| EGI | $22.9k | $17.60 |
| − OpEx | −$6.9k | −$5.28 |
| NOI | $16.0k | $12.32 |
1,301 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$228.9K
$200.3K – $267.1K
NOI $16,024 @ 7.0% cap · market cap 8.01%
Second Best
Industrial
$90.4K
$79.1K – $105.5K
NOI $6,328 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$287.0K
$251.1K – $334.8K
NOI $20,090 @ 7.0% cap · market cap 10.05%
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
- Copeland Tire & Auto Services — 13140 Dexter Ave, Detroit, MI 48238
- Best Hands Auto Repair — 13100 dexter ave, detroit, mi 48238
- Maximum Collision — 3322 W Davison St, Detroit, MI 48238
- DREAM TEAM MOTORING — 13111 Dexter Ave, Detroit, MI 48238
- BTS Broadway Transmission & Auto Parts — 12715 Linwood St, Detroit, MI 48238
FAQs
What type of property is this?
Auto shop - Built in 1963, this auto service mechanic repair shop sits on a 16,000-square-foot lot and is sold as-is.
Where is this auto shop located?
The property is located at 2042 W Davison Detroit, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Auto service mechanic repair shop built in 1963; 1301 sq. ft. structure set back on a 16,000 sq. ft. lot; Sold in an as‑is condition
