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 Market1696
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: Oct 3
Last Checked: Oct 5 at 6:09PM
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 / Yr
$121,291
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
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
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 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
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Open Analytics
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
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
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- Harry A. Miller, LLC — 1155 Badder Dr, 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.
