Automotive Industrial Building with
For Sale
Contact for pricing
8400 N Lilley Rd, Canton, MI 48187
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$150.63
Days on Market422
Property Features for 8400 N Lilley Rd
General Information
Standard status
Active
Size
11,950 SF
Property subtype
Industrial
Zoning
Industrial
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
5
Heavy Power
Yes
Building Details
Year Built
1961
Year Renovated
2011
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
RH Commercial Realty
Listed By:
Nate Hughes · License #6501433129
(810) 923-6099
Source:
Crexi
Added: Aug 27, 2025
Changed: Oct 14
Last Checked: Oct 20 at 6:25PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$113,229
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,264,580
$2.3M
Cap Rate 7%
$1,617,557
$1.6M
Cap Rate 9%
$1,258,100
$1.3M
Market Conditions
NOI Build-Up for 11,950 SF
Gross rent
$172.1K $14.40/SF
− Vacancy
−$10.3K −$0.86/SF
EGI
$161.8K $13.54/SF
− OpEx
−$48.5K −$4.06/SF
NOI
$113.2K $9.48/SF
Area
Wayne County, MI
Vacancy
6.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,264,580
Cap Rate 7%
$1,617,557
Cap Rate 9%
$1,258,100
Alternative Uses
Best Use
Retail
$1.62M
$1.42M – $1.89M
NOI $113,229 @ 7.0% cap · market cap 6.29%
Second Best
Industrial
$883.8K
$773.3K – $1.03M
NOI $61,866 @ 7.0% cap · market cap 3.44%
Theoretical Best
Specialty Retail
$2.21M
$1.94M – $2.58M
NOI $154,872 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
5
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
The UPS Store
Shops & Services
5,293 visits/mo
0.5 miles
Public Storage
Shops & Services
1,785 visits/mo
0.4 miles
H&R Block
Shops & Services
1,053 visits/mo
0.5 miles
Demographics for 48187, MI
52,498
Population
20,548
Households
2.6
Avg Household Size
39
Median Age
53%
College-Educated
95%
High-School Grad
18.1 sq mi
ZIP Area
2,900
Density / Sq Mi
$117,980
Median Household Income
$60,137
Median Earnings
$1,435
Median Rent
$341,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Penguin Bus and Truck Accessories — 42030 Koppernick Rd, Canton, MI 48187
- Technology Plus Trailers — 7780 Ronda Dr, Canton, MI 48187
- Pilot Automotive — 7777 ronda dr, canton, mi 48187
- Hines Park Collision Center — 41000 Capital, Canton, MI 48187
- The Detroit Garage — 8240 N Lilley Rd, Canton, MI 48187
Frequently Asked Questions
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 $1,800,000.
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
