Established Auto Parts Business For
20500 Mound Rd, Detroit, MI 48234
Turnkey auto parts business with real estate and inventory included.
Property size:
12,500 SFPrice / SF:
$199/SF- Added:
- Mar 18, 2026
- Days on Market:
- 70
- Last Refresh:
- May 24 at 12:42 am
Property Features for 20500 Mound Rd
General Information
- Standard status
- Active
- Size
- 12,500 SF
Listing agent Nathaniel Korkis (586) 554-6107
Listing office Summit Union Real Estate (586) 554-6107
Listing date Mar 18, 2026
Source Exprealty
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 Summit Union Real Estate
HighLights
- Established and Profitable Automotive Dismantling and Parts Business
- Real Estate Included in Sale
- Inventory Valued at $950,000 Included
- Turnkey Operation for Immediate Continued Success
- Ideal for Owner‑Operator or Investor
- Land Contract Terms May Be Available
Overview
This property offers the opportunity to acquire an established automotive dismantling and parts business, including the real estate, the business itself, and all inventory, which is valued at $950,000 and is included in the sale. The property is a turnkey operation, providing all necessary components for continued operation. It is suitable for an owner-operator or investor seeking a profitable business with a strong operating history. The property is located at 20500 Mound Rd, Detroit, MI. The property size is 12,500 square feet. Land contract terms may be available depending on origination and buyer qualifications.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$1.71M
NOI $153,962 @ 9.00% cap · cautious / downside scenario
Moderate
$2.20M
NOI $153,962 @ 7.00% cap · market / base-case scenario
Aggressive
$3.08M
NOI $153,962 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.5k | $18.60 |
| − Vacancy | −$12.6k | −$1.00 |
| EGI | $219.9k | $17.60 |
| − OpEx | −$66.0k | −$5.28 |
| NOI | $154.0k | $12.32 |
12,500 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$2.20M
$1.92M – $2.57M
NOI $153,962 @ 7.0% cap · market cap 6.16%
Second Best
Industrial
$868.5K
$760.0K – $1.01M
NOI $60,796 @ 7.0% cap · market cap 2.43%
Theoretical Best
Office A
$2.76M
$2.41M – $3.22M
NOI $193,028 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Prestige Auto Parts
Auto Parts Store
Similar Places Nearby
- Dump Day Dumpster Rental — 19986 Concord St, Detroit, MI 48234
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.043337
- Latitude
- 42.446515
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - Turnkey auto parts business with real estate and inventory included.
Where is this automotive property located?
The property is located at 20500 Mound Rd Detroit, MI.
What is the asking price?
The asking price for this property is $2,499,900.
What are key features of this property?
This property features: Established and Profitable Automotive Dismantling and Parts Business; Real Estate Included in Sale; **Inventory Valued at $950,000 Included**
