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    2380 Michigan Ave Ypsilanti, MI 48198

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    For Sale
    Contact for pricing

    Modern Auto Shop, 3,000 SF, High Traffic

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,000-square-foot auto service center, built in 2022, is situated on a 1.05-acre lot in Ypsilanti, Michigan, at 2380 E Michigan Ave, 48198. The property boasts a prime location with excellent visibility and high traffic counts, averaging 21,711 vehicles daily on US Highway 12 and Wiard Road. The building features two bays equipped with hoists and full basements including underground pits, ideal for comprehensive automotive repair services. Certified underground tanks are in place. The facility comes fully stocked with necessary equipment and tools, ready for immediate operation. This turnkey operation presents a unique opportunity for an established business or a new venture looking to capitalize on a strong demographic area. The property is available for sale or lease. The property's APN is K-11-02-480-011. This is a brand new, operating oil/service station, ready for a new owner. The property is located in Washtenaw County.

    Property Features for 2380 Michigan Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    3,000 SF
    Lot Size
    45,738 SF

    Building Details

    Year Built
    2022

    HighLights

    • Brand new, operational oil and service station.
    • Available for sale or lease.
    • Completion expected September 2022.
    • Features two bays, each with a full basement and underground pit, plus hoists.
    • Equipped with certified underground storage tanks.
    • Includes a full complement of equipment and tools.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.564119
    Latitude
    42.2499317

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    FAQs

    What type of property is this?
    Automotive property - Modern Auto Shop, 3,000 SF, High Traffic
    Where is this automotive property located?
    The property is located at 2380 Michigan Ave Ypsilanti, MI.
    What are key features of this property?
    This property features: Brand new, operational oil and service station.; Available for sale or lease.; Completion expected September 2022.
    (248) 848-4106
    Request Owner's contact information
    2380 Michigan Ave Ypsilanti, MI 48198
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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
    2380 Michigan Ave Ypsilanti, MI 48198
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