Auto Shop Building with Overhead
20916 Van Born Rd Dearborn Heights, MI 48125
New
20916 Van Born Rd, Dearborn Heights, MI, 48125
$799,900
4,000 sq ft auto shop with storefront, offices, and a 16' overhead door, supported by extensive concrete parking.
Property Size4,000 SF
Price / SF$199.98
AddedJul 13
Days on Market2
Last RefreshJul 14 at 2:32 am
Property Features for 20916 Van Born Rd
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing office (313) 673-5314
Listing date Jul 13, 2026
Source Elliman
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 Karissa O'Neill
Investment Insights
Based on property information with market context.
This 4,000 square foot auto shop building is designed for practical daily operations and flexible use. The layout includes a customer-facing storefront, private office space, a kitchen/break room, and three restrooms. A substantial service area is anchored by a 16' overhead door, supporting a wide range of equipment, vehicles, and specialized workflows. The property has been maintained and upgraded with major capital improvements completed within the last ten years, including a newer roof, furnace, rooftop HVAC unit, concrete parking lot, and enhanced exterior lighting.
The building is set on a high-traffic thoroughfare with approximately 170 feet of prominent frontage, and it provides convenient access to I-94.
Externally, the property offers substantial concrete parking with nine spaces on the east side and five spaces on the west side, along with an enclosed lot intended for fleet vehicles, equipment storage, or overflow capacity. The property is currently occupied by a tire repair business; this offering is for the real estate only, as the operating business is marketed separately by another broker and is not included in the purchase price.
The building is set on a high-traffic thoroughfare with approximately 170 feet of prominent frontage, and it provides convenient access to I-94.
Externally, the property offers substantial concrete parking with nine spaces on the east side and five spaces on the west side, along with an enclosed lot intended for fleet vehicles, equipment storage, or overflow capacity. The property is currently occupied by a tire repair business; this offering is for the real estate only, as the operating business is marketed separately by another broker and is not included in the purchase price.
Key Highlights
- 4,000 SF commercial building built in 1970 with prominent 170 ft frontage on a high‑traffic thoroughfare
- Easy access to I‑94 plus a 16' overhead door serving an expansive service area
- Upgrades from the last 10 years include newer roof, furnace, rooftop HVAC unit, concrete parking lot, and enhanced exterior lighting
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 | $57.6k | $14.40 |
| − Vacancy | −$3.5k | −$0.86 |
| EGI | $54.1k | $13.54 |
| − OpEx | −$16.2k | −$4.06 |
| NOI | $37.9k | $9.48 |
4,000 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$541.4K
$473.8K – $631.7K
NOI $37,901 @ 7.0% cap · market cap 4.74%
Second Best
Flex RnD
$360.5K
$315.5K – $420.6K
NOI $25,238 @ 7.0% cap · market cap 3.16%
Theoretical Best
Specialty Retail
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tire Discount House
(Bike/Boat/Book/etc) Store
Heat Wave Heating ...
HVAC Service
Similar For Sale Nearby
Similar Off Market Nearby
- ALCOLOCK Ignition Interlock — 21194 van born rd, dearborn heights, mi 48125
- BestDrive Commercial Tire Center — 22100 Trolley Industrial Dr, Taylor, MI 48180
- Aaron's Complete Fleet Services — 20300 Lorne St, Taylor, MI 48180
- Gonzalez & Sons — 21330 Van Born Rd, Dearborn Heights, MI 48125
- ADICA Fleet Services — 20401 Trolley Industrial Dr, Taylor, MI 48180
FAQs
What type of property is this?
Auto shop - 4,000 sq ft auto shop with storefront, offices, and a 16' overhead door, supported by extensive concrete parking.
Where is this auto shop located?
The property is located at 20916 Van Born Rd Dearborn Heights, MI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 4,000 SF commercial building built in 1970 with prominent 170 ft frontage on a high‑traffic thoroughfare; Easy access to I‑94 plus a 16' overhead door serving an expansive service area; Upgrades from the last 10 years include newer roof, furnace, rooftop HVAC unit, concrete parking lot, and enhanced exterior lighting
