Automotive Industrial Building with
8400 N Lilley Rd Canton, MI 48187
For Sale
Contact for pricing
Industrial building features five grade-level drive-in doors, 16' clearance, and an onsite paint booth with heavy power.
Property Size11,950 SF
Price / SF$200.84
Days on Market331
Property Features for 8400 N Lilley Rd
General Information
- Standard status
- Active
- Size
- 11,950 SF
- Property subtype
- Industrial
Listing Agency:
RH Commercial Realty
(248) 207-5847
Listed By:
Nate Hughes · License #MI
Source:
Crexi
Added: Aug 27, 2025
Changed: Jul 23
Last Checked: Jul 23 at 9:18AM
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 RH Commercial Realty
Investment Insights
Based on property information with market context.
This 11,950 SF industrial building is equipped for automotive use, offering five grade-level drive-in loading doors and 16' clearance throughout. The property includes a paint booth and other equipment, along with heavy power to support operations on site. Roof replacement was completed in 2011, including all metal roof decking and insulation.
The building has frontage and signage on N Lilley Rd.
The sale includes a Class C-Salvage license and Class B Dealer's license, which may support a plug-and-play automotive user seeking to operate from the existing setup.
The building has frontage and signage on N Lilley Rd.
The sale includes a Class C-Salvage license and Class B Dealer's license, which may support a plug-and-play automotive user seeking to operate from the existing setup.
Key Highlights
- 11,950 SF industrial building with five (5) grade‑level drive‑in loading doors
- 16' clearance throughout the building
- Includes an onsite paint booth and other equipment, plus heavy power
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 | $172.1k | $14.40 |
| − Vacancy | −$10.3k | −$0.86 |
| EGI | $161.8k | $13.54 |
| − OpEx | −$48.5k | −$4.06 |
| NOI | $113.2k | $9.48 |
11,950 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.62M
$1.42M – $1.89M
NOI $113,229 @ 7.0% cap · market cap 4.72%
Second Best
Warehouse
$1.07M
$939.0K – $1.25M
NOI $75,123 @ 7.0% cap · market cap 3.13%
Theoretical Best
Specialty Retail
$2.21M
$1.94M – $2.58M
NOI $154,872 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Penguin Bus and Truck Accessories — 42030 Koppernick Rd, Canton, MI 48187
- Pilot Automotive — 7777 ronda dr, canton, mi 48187
- Technology Plus Trailers — 7780 Ronda Dr, Canton, MI 48187
- The Detroit Garage — 8240 N Lilley Rd, Canton, MI 48187
- Hines Park Collision Center — 41000 Capital, Canton, MI 48187
FAQs
What type of property is this?
Auto shop - Industrial building features five grade-level drive-in doors, 16' clearance, and an onsite paint booth with heavy power.
Where is this auto shop located?
The property is located at 8400 N Lilley Rd Canton, MI.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 11,950 SF industrial building with five (5) grade‑level drive‑in loading doors; 16' clearance throughout the building; Includes an onsite paint booth and other equipment, plus heavy power
