Turnkey Automotive Parts Dismantling
20500 Mound Road Unit SourceFi Detroit, MI 48234
20500 Mound Road Unit SourceFi, Detroit, MI, 48234
$2,499,900
For Sale
$2,499,900
For sale as a turnkey package with the real estate, business operations, and all inventory included.
Property Size12,500 SF
Price / SF$199.99
Days on Market126
Property Features for 20500 Mound Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 12,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
(586) 404-3239
Listed by
Summit Union Real Estate
(586) 404-3239
Source
Xome
Added: Mar 16 Checked: Jul 19 at 1:50 am
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
Investment Insights
Based on property information with market context.
This offering presents an established automotive dismantling and parts business along with the real estate, sold as a single turnkey package. The sale includes the business and all inventory necessary to operate immediately, with the inventory specifically identified as included in the transaction.
The property is listed at 20500 Mound Road Unit SourceFi, Detroit, MI 48234. The seller notes long-term operation history and includes options to acquire under land contract terms, depending on loan origination and buyer qualifications.
This is a comprehensive buy-in for an owner-operator or investor seeking a hands-on automotive parts and dismantling operation with the operational components and inventory included in the purchase.
The property is listed at 20500 Mound Road Unit SourceFi, Detroit, MI 48234. The seller notes long-term operation history and includes options to acquire under land contract terms, depending on loan origination and buyer qualifications.
This is a comprehensive buy-in for an owner-operator or investor seeking a hands-on automotive parts and dismantling operation with the operational components and inventory included in the purchase.
Key Highlights
- For sale as a turnkey package including the real estate, business operations, and all inventory included
- Automotive dismantling and parts business with a stated inventory value of $950,000 included in the sale
- Lot dimensions: 120158
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 | $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 Uses
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.
Property Analytics
Location Intelligence
Current Use by Public Records
Prestige Auto Parts
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Detroit Muffler and Brakes — 5173 8 Mile Rd, Warren, MI 48091
- Warren Oil Change Center — 4955 8 Mile Rd, Warren, MI 48091
- 8 Mile Brake and Lube — 5210 8 Mile Rd, Detroit, MI 48234
- Fife-Pearce Electric Co — 20201 Sherwood St, Detroit, MI 48234
- Detroit Muffler & Brakes service — 5173 8 Mile Rd, Warren, MI 48091
FAQs
What type of property is this?
Auto shop - For sale as a turnkey package with the real estate, business operations, and all inventory included.
Where is this auto shop located?
The property is located at 20500 Mound Road Unit SourceFi 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: For sale as a turnkey package including the real estate, business operations, and all inventory included; Automotive dismantling and parts business with a stated inventory value of $950,000 included in the sale; Lot dimensions: 120158
