Truck Repair Facility For
3880 Baldwin Rd, Lake Orion, MI 48359
For Sale
$3,499,999
Profitable Truck Repair Facility - Business and Real Estate for Sale
Property Size9,210 SF
Lot Size2.60 Acres
Price / SF$380.02
Days on Market183
Property Features for 3880 Baldwin Rd
General Information
Standard status
Property type
Size
Net Rentable
Class
Total Parking Spaces
Elevators
Lot size
Occupancy
Sale Condition
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Listed By:
Charles Gottlieb
(248) 467-4900
Added: May 9
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Investment Insights
Based on property information with market context.
This property features a 9,210-square-foot industrial facility on a 2.6-acre parcel, currently operating as a profitable truck repair and fleet service business. The facility is equipped with six bays and a 7.5-ton crane. The business has been servicing fleet accounts for over 15 years, providing steady work and income. Positioned in the GM Orion / Stellantis industrial corridor in Oakland County, Michigan, the site is located within a 10-mile radius of two major OEM facilities, the Stellantis tech complex, twelve Tier-1 automotive suppliers, six national LTL terminals, and major utility fleet operations. The location supports access to thousands of Class 4-8 vehicles across last-mile, municipal, construction, and transit fleets. The property is one of the only crane-served, boulevard-fronted, GB-zoned parcels for sale inside that radius. Business financials show approximately $1.5M in 3-year average revenue and $213,712 in 3-year average Seller's Discretionary Earnings (SDE), with $240.6K projected for 2025 SDE, representing a 30% year-over-year increase. The customer base is diversified. The business and real estate are for sale, with combined offers receiving preferred-bidder status. Real-estate-only or business-only options are also available. The intended use of the property is for commercial truck repair and fleet service.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,103
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,982,060
$2.0M
Cap Rate 7%
$1,415,757
$1.4M
Cap Rate 9%
$1,101,144
$1.1M
Market Conditions
NOI Build-Up for 9,210 SF
Gross rent
$154.7K $16.80/SF
− Vacancy
−$13.2K −$1.43/SF
EGI
$141.6K $15.37/SF
− OpEx
−$42.5K −$4.61/SF
NOI
$99.1K $10.76/SF
Area
Oakland County, MI
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,982,060
Cap Rate 7%
$1,415,757
Cap Rate 9%
$1,101,144
Alternative Uses
Best Use
Retail
$1.42M
$1.24M – $1.65M
NOI $99,103 @ 7.0% cap · market cap 2.83%
Second Best
Industrial
$651.9K
$570.4K – $760.5K
NOI $45,632 @ 7.0% cap · market cap 1.30%
Theoretical Best
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,056 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
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Business Placement
Demographics for 48359, MI
9,939
Population
4,477
Households
2.2
Avg Household Size
36
Median Age
52%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
912
Density / Sq Mi
$94,618
Median Household Income
$50,657
Median Earnings
$1,360
Median Rent
$329,500
Median Home Value
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Market
Average Price Trend$/SF for Other industrial properties in Oakland County, MI
Properties on Market for Other industrial properties in Oakland County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Profitable Truck Repair Facility - Business and Real Estate for Sale
Where is this industrial property located?
The property is located at 3880 Baldwin Rd Lake Orion, MI.
What is the asking price?
The asking price for this property is $3,499,999.
