Car Wash with Detailing
2448 E 14 Mile Road, Warren, MI 48092
For Sale
$2,600,000
COM/IND/BUS OPP, Warren, MI
Property Size6,000 SF
Lot Size0.89 Acres
Price / SF$433.33
Days on Market92
Property Features for 2448 E 14 Mile Road
General Information
Property type
Property subtype
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Tenant in Place
Real Estate Included
Business Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Annual Amount
Utilities
Water source
Building Details
Year built
Listing Agency:
Keller Williams Realty Lakeside
(586) 532-0500
Listed By:
Naharia Hano · License MI #6501432062
(586) 222-1167
Added: Aug 12
Changed: Oct 23
Last Checked: Nov 11 at 1:06PM
MLS# 50218353
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,000-square-foot car wash property includes a drive-through wash system and a detailing center. The building and business are included in the sale, along with a tire shop and a mechanic shop that are already leased.
The property occupies 0.89 acres in Warren, Michigan. Built in 2005, it is served by public water.
The property occupies 0.89 acres in Warren, Michigan. Built in 2005, it is served by public water.
Key Highlights
- Drive‑through car wash system and detailing center
- 6,000 square feet of building area on 0.89 acres
- Leased tire shop and mechanic shop included with the building and business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,210
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,744,200
$1.7M
Cap Rate 7%
$1,245,857
$1.2M
Cap Rate 9%
$969,000
$969.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$122.4K $20.40/SF
− Vacancy
−$6.1K −$1.02/SF
EGI
$116.3K $19.38/SF
− OpEx
−$29.1K −$4.85/SF
NOI
$87.2K $14.54/SF
Area
Warren, MI
Vacancy
5.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,744,200
Cap Rate 7%
$1,245,857
Cap Rate 9%
$969,000
Alternative Uses
Best Use
Specialty Retail
$1.25M
$1.09M – $1.45M
NOI $87,210 @ 7.0% cap · market cap 3.35%
Second Best
Retail
$1.06M
$923.8K – $1.23M
NOI $73,902 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,654 @ 7.0% cap · market cap 3.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
Dollar Tree
Shops & Services
13,007 visits/mo
0.2 miles
Speedway
Shops & Services
7,293 visits/mo
0.4 miles
National Coney Island
Dining
4,534 visits/mo
0.4 miles
BP
Shops & Services
3,746 visits/mo
0.3 miles
Comerica Bank
Shops & Services
3,578 visits/mo
0.3 miles
Demographics for 48092, MI
27,186
Population
11,052
Households
2.5
Avg Household Size
42
Median Age
27%
College-Educated
86%
High-School Grad
8.1 sq mi
ZIP Area
3,356
Density / Sq Mi
$71,761
Median Household Income
$40,174
Median Earnings
$1,186
Median Rent
$205,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Car wash - A drive-through wash system and detailing area share the property with leased tire and mechanic shops.
Where is this car wash located?
The property is located at 2448 E 14 Mile Road Warren, MI.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Drive‑through car wash system and detailing center; 6,000 square feet of building area on 0.89 acres; Leased tire shop and mechanic shop included with the building and business
