Industrial Auto Repair
For Sale
$949,000
999999999 5431 5419 & 5420 E Davison St E, Hamtramck, MI 48212
Operating automotive service property with fenced yards, grade-level loading, vehicle lifts, and industrial utility capacity.
Property Size11,456 SF
Lot Size0.56 Acres
Price / SF$82.84
Days on Market98
Property Features for 999999999 5431 5419 & 5420 E Davison St E
General Information
Standard status
Active
Size
11,456 SF
Lot size
0.56 Acres
Zoning
B-4
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
11,456 SF
Drive-In Doors
3
Power
600 amps
Voltage
240 V
Three-Phase Power
Yes
Additional Details
Business Included
Yes
Service Bays
3
Amenities
radiant heat
Building Details
Year Built
1977
Buildings
1
Building Size
11,456 SF
Listing Agency:
Epique Realty
Listed By:
David Elwood
(248) 923-4334
Source:
Katie-k
Added: Jul 9
Changed: Oct 9
Last Checked: Oct 7 at 4:47PM
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 Epique Realty
Investment Insights
Based on property information with market context.
This 11,456-square-foot industrial auto repair property combines a three-unit building with two fenced yards, including an additional 0.08-acre secure yard across E Davison Street. The 0.48-acre primary lot supports an established BMW repair and parts operation that has occupied the facility under the same ownership for more than 25 years. Improvements include three auto lifts, radiant heat, a 9-year-old roof, and clear heights ranging from 14 to 16 feet.
Three grade-level doors provide access at the front, side, and rear of the building. Two doors measure 12 by 12 feet, while the third measures 14 by 14 feet. Electrical service includes 600 AMP, 240V, and 3-phase power with capacity for expansion. B-4 zoning, the salvage and auto repair licenses, inventory, FF&E, and city use certificates are included with the business and real estate.
Three grade-level doors provide access at the front, side, and rear of the building. Two doors measure 12 by 12 feet, while the third measures 14 by 14 feet. Electrical service includes 600 AMP, 240V, and 3-phase power with capacity for expansion. B-4 zoning, the salvage and auto repair licenses, inventory, FF&E, and city use certificates are included with the business and real estate.
Key Highlights
- 11,456‑square‑foot industrial building on a 0.48‑acre primary lot
- Additional 0.08‑acre secure fenced yard across E Davison Street
- Three grade‑level doors: two 12x12 feet and one 14x14 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,018
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,360
$1.4M
Cap Rate 7%
$1,028,829
$1.0M
Cap Rate 9%
$800,200
$800.2K
Market Conditions
NOI Build-Up for 11,456 SF
Gross rent
$88.0K $7.68/SF
− Vacancy
−$3.3K −$0.28/SF
EGI
$84.7K $7.40/SF
− OpEx
−$12.7K −$1.11/SF
NOI
$72.0K $6.29/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,360
Cap Rate 7%
$1,028,829
Cap Rate 9%
$800,200
Alternative Uses
Best Use
Retail
$1.55M
$1.36M – $1.81M
NOI $108,548 @ 7.0% cap · market cap 11.44%
Second Best
Warehouse
$1.03M
$900.2K – $1.20M
NOI $72,018 @ 7.0% cap · market cap 7.59%
Theoretical Best
Specialty Retail
$2.12M
$1.86M – $2.47M
NOI $148,470 @ 7.0% cap · market cap 15.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
3
Drive-in doors
3
Service bays
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48212, MI
43,192
Population
14,739
Households
2.9
Avg Household Size
29
Median Age
16%
College-Educated
68%
High-School Grad
5.3 sq mi
ZIP Area
8,149
Density / Sq Mi
$37,293
Median Household Income
$28,894
Median Earnings
$935
Median Rent
$98,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Quattro Garage — 24855 Plymouth Rd, Redford Charter Twp, MI 48239
- Metro Customz — 24645 Plymouth Rd, Redford Charter Twp, MI 48239
- Unlimited Auto Repair & Collision — 24645 Plymouth Rd, Redford Charter Twp, MI 48239
- Snethkamp Chrysler Dodge Jeep Ram — 11600 Telegraph Rd, Redford Charter Twp, MI 48239
- Old Redford Auto Clinic — 23541 Plymouth Rd, Redford Charter Twp, MI 48239
Frequently Asked Questions
What type of property is this?
Auto shop - Operating automotive service property with fenced yards, grade-level loading, vehicle lifts, and industrial utility capacity.
Where is this auto shop located?
The property is located at 999999999 5431 5419 & 5420 E Davison St E Hamtramck, MI.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 11,456‑square‑foot industrial building on a 0.48‑acre primary lot; Additional 0.08‑acre secure fenced yard across E Davison Street; Three grade‑level doors: two 12x12 feet and one 14x14 feet
