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    7575 Eight Mile Rd Warren, MI 48091

    For Sale
    $450,000

    Turnkey Auto Shop, 3,358 SF, $450K

    Property size:
    3,358 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional turnkey auto repair center presents a rare opportunity for immediate income generation. Located at 7575 E 8 Mile Rd in Warren, Michigan (zip code 48091), this 3,358 square foot facility sits on a 0.55-acre lot boasting 157 feet of prime frontage on 8 Mile Road, ensuring high visibility and accessibility. The property includes six fully equipped and operational bays, ready for immediate use. The building itself is exceptionally well-maintained, reflecting a commitment to quality and operational efficiency. The asking price is $450,000, translating to $134.01 per square foot. This represents a compelling investment opportunity in a thriving commercial area, conveniently located near a variety of restaurants and retail establishments. The sale includes both the business and the real estate, offering a complete and seamless transition for the new owner. This is a truly turnkey operation, minimizing start-up costs and maximizing immediate return on investment. The property's central location and high visibility make it an ideal choice for an established auto repair business or a savvy entrepreneur looking to enter the market. Don't miss this chance to acquire a profitable and well-established business with significant growth potential.

    Property Features for 7575 Eight Mile Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    3,358 SF
    Lot Size
    23,958 SF

    HighLights

    • 3,358 SF turnkey auto repair center in Warren, MI.
    • Business and real estate included in sale.
    • Six fully equipped and operational bays.
    • Extremely well‑maintained building.
    • 0.55‑acre lot with 157 feet of frontage on 8 Mile Road.
    • High‑visibility location with excellent commercial exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0272214
    Latitude
    42.4487061

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    FAQs

    What type of property is this?
    Automotive property - Turnkey Auto Shop, 3,358 SF, $450K
    Where is this automotive property located?
    The property is located at 7575 Eight Mile Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 3,358 SF turnkey auto repair center in Warren, MI.; Business and real estate included in sale.; Six fully equipped and operational bays.
    (248) 351-4367
    Request Owner's contact information
    7575 Eight Mile Rd Warren, MI 48091
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    Warren, MI 48091
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7575 Eight Mile Rd Warren, MI 48091
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