Automotive Dealership and Service
For Sale
$8,750,000
Pending
9331 Dixie Hwy, Clarkston, MI 48348
Purpose-built automotive facility with outdoor areas for display, storage, and parking.
Property Size24,450 SF
Lot Size16.39 Acres
Days on Market482
Property Features for 9331 Dixie Hwy
General Information
Standard status
Pending
Size
24,450 SF
Lot size
16.39 Acres
Property subtype
Retail
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Amenities
Water
Sewer
Building Details
Year Built
2023
Buildings
1
Tenancy
Single
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Michael Visser · License #6501368970
(616) 327-2800
Source:
Carwm.resimplifi
Added: Jun 20, 2025
Changed: Sep 18
Last Checked: Oct 12 at 4:48PM
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 Advantage Commercial Real Estate
Investment Insights
Based on property information with market context.
Completed in 2023, this 24,450-square-foot automotive facility was purpose-built for dealership and service operations. The building sits on 16.39 acres and is supported by substantial outdoor areas for vehicle display, storage, and parking. Modern construction and finished interior spaces support a cohesive sales and service environment.
The property fronts Dixie Highway in Oakland County, with proximity to I-75 providing regional access. Commercial zoning further supports its current automotive-oriented configuration. The site design accommodates both building-based operations and the outdoor space required for inventory presentation, customer parking, and service-related storage.
The property fronts Dixie Highway in Oakland County, with proximity to I-75 providing regional access. Commercial zoning further supports its current automotive-oriented configuration. The site design accommodates both building-based operations and the outdoor space required for inventory presentation, customer parking, and service-related storage.
Key Highlights
- 24,450 SF dealership and service facility completed in 2023
- 16.39‑acre site with outdoor display, storage, and parking areas
- Purpose‑built facility designed for dealership and service operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$263,092
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,261,840
$5.3M
Cap Rate 7%
$3,758,457
$3.8M
Cap Rate 9%
$2,923,244
$2.9M
Market Conditions
NOI Build-Up for 24,450 SF
Gross rent
$410.8K $16.80/SF
− Vacancy
−$34.9K −$1.43/SF
EGI
$375.8K $15.37/SF
− OpEx
−$112.8K −$4.61/SF
NOI
$263.1K $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%
$5,261,840
Cap Rate 7%
$3,758,457
Cap Rate 9%
$2,923,244
Alternative Uses
Best Use
Retail
$3.76M
$3.29M – $4.38M
NOI $263,092 @ 7.0% cap · market cap 3.01%
Second Best
Industrial
$1.73M
$1.51M – $2.02M
NOI $121,141 @ 7.0% cap · market cap 1.38%
Theoretical Best
Specialty Retail
$5.27M
$4.61M – $6.15M
NOI $369,156 @ 7.0% cap · market cap 4.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valvoline Instant Oil Change
Shops & Services
2,296 visits/mo
0.3 miles
Demographics for 48348, MI
25,655
Population
9,151
Households
2.8
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
33.6 sq mi
ZIP Area
764
Density / Sq Mi
$131,586
Median Household Income
$59,251
Median Earnings
$1,231
Median Rent
$421,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Automotive property - Purpose-built automotive facility with outdoor areas for display, storage, and parking.
Where is this automotive property located?
The property is located at 9331 Dixie Hwy Clarkston, MI.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: 24,450 SF dealership and service facility completed in 2023; 16.39‑acre site with outdoor display, storage, and parking areas; Purpose‑built facility designed for dealership and service operations
