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    12901 Mack Ave Detroit, MI 48215

    Sponsored
    For Sale
    $79,000

    Prime Detroit auto shop, redevelopment potential.

    Property size:
    1,994 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1,994 square foot auto shop, located at 12901 Mack Avenue in Detroit, Michigan, presents a compelling investment opportunity. Built in 1949, this retail property offers significant redevelopment potential for a discerning buyer. The property boasts excellent frontage and exposure on Mack Avenue, providing high visibility for any business. A key advantage is the availability of an adjacent property for sale, presenting the possibility of acquiring over 250 feet of frontage on Mack Avenue. This would significantly expand the potential footprint and value of the overall investment. The asking price is $79,000. The property is classified as an owner/user investment. Please note that a 24-hour notice is required for showings. This is a highly sought-after location and this opportunity is unlikely to remain available for long. Serious inquiries are encouraged to schedule a viewing promptly.

    Property Features for 12901 Mack Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    1,994 SF

    Building Details

    Year Built
    1949

    HighLights

    • High‑potential redevelopment opportunity on corner lot with excellent Mack Avenue frontage and visibility.
    • Adjacent property also available for purchase, expanding potential frontage to over 250 feet on Mack Avenue.
    • High demand; property expected to sell quickly.
    • 24‑hour notice required for showings.
    • Schedule your showing immediately.
    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 Building Supply Clothing Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9629577
    Latitude
    42.3846569

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    FAQs

    What type of property is this?
    Automotive property - Prime Detroit auto shop, redevelopment potential.
    Where is this automotive property located?
    The property is located at 12901 Mack Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: High-potential redevelopment opportunity on corner lot with excellent Mack Avenue frontage and visibility.; Adjacent property also available for purchase, expanding potential frontage to over 250 feet on Mack Avenue.; High demand; property expected to sell quickly.
    (313) 646-7363
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    12901 Mack Ave Detroit, MI 48215
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    Detroit, MI 48215
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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
    12901 Mack Ave Detroit, MI 48215
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