Operating Auto Care Facility For
For Sale
Contact for pricing
530 E Maple Rd, Troy, MI 48083
Fully operational muffler and auto care facility for sale.
Property Size11,272 SF
Price / SF$208.48
Days on Market1650
Property Features for 530 E Maple Rd
General Information
Standard status
Active
Size
11,272 SF
Total Parking Spaces
30
Property subtype
Industrial
Zoning
Industrial
Building Details
Year Built
1969
Listing Agency:
Lee & Associates - Naples
Listed By:
Jeff Buckler · License #MI
Source:
Crexi
Added: Feb 12, 2022
Changed: Aug 16
Last Checked: Aug 20 at 6:10AM
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 Lee & Associates - Naples
Investment Insights
Based on property information with market context.
This offering includes both the property and the business. It is a fully operational muffler and auto care facility. Further business details can be provided upon execution of a non-disclosure agreement. The property is suitable for auto shops, automotive businesses, retail purposes, and general commercial real estate uses. The property size is 11272 square feet.
Key Highlights
- Fully operational muffler and auto care facility.
- Property and business are being sold together.
- Business details available upon NDA execution.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$121,291
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,425,820
$2.4M
Cap Rate 7%
$1,732,729
$1.7M
Cap Rate 9%
$1,347,678
$1.3M
Market Conditions
NOI Build-Up for 11,272 SF
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.
Gross rent
$189.4K $16.80/SF
− Vacancy
−$16.1K −$1.43/SF
EGI
$173.3K $15.37/SF
− OpEx
−$52.0K −$4.61/SF
NOI
$121.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,425,820
Cap Rate 7%
$1,732,729
Cap Rate 9%
$1,347,678
Alternative Uses
Best Use
Retail
$1.73M
$1.52M – $2.02M
NOI $121,291 @ 7.0% cap · market cap 5.16%
Second Best
Industrial
$797.8K
$698.1K – $930.8K
NOI $55,849 @ 7.0% cap · market cap 2.38%
Theoretical Best
Specialty Retail
$2.43M
$2.13M – $2.84M
NOI $170,189 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
63k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 30%
Electronics 3%
Speedway
Shops & Services
13,925 visits/mo
0.3 miles
Taco Bell
Dining
13,637 visits/mo
0.5 miles
Wendy's
Dining
11,301 visits/mo
0.5 miles
Arby's
Dining
9,053 visits/mo
0.5 miles
Tropical Smoothie Cafe
Dining
6,932 visits/mo
0.5 miles
Demographics for 48083, MI
24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- AutoWares — 938 Rankin St, Troy, MI 48083
Frequently Asked Questions
What type of property is this?
Auto shop - Fully operational muffler and auto care facility for sale.
Where is this auto shop located?
The property is located at 530 E Maple Rd Troy, MI.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Fully operational muffler and auto care facility.; Property and business are being sold together.; Business details available upon NDA execution.
