Property summary
This exceptional 3,821-square-foot special purpose property, formerly a car wash, presents a compelling value-add opportunity in the thriving Woodhaven, Michigan market. Located on a 0.38-acre lot at 18742 West Road, this site benefits from its strategic position in a high-traffic retail corridor, boasting proximity to major national retailers including Target, Walmart, Home Depot, Meijer, and Lowe's. The property's strong demographics are further enhanced by a population exceeding 124,000 residents within a five-mile radius, exhibiting an average household income surpassing $77,000. Its location offers significant advantages, situated just 1.5 miles from Ford's Woodhaven Stamping Plant, employing over 1,300 individuals daily, and positioned at the intersection of Allen Road and West Road, a high-traffic area with over 31,000 vehicles passing daily. The former car wash features two on-site vacuums and an 80-foot tunnel. This property is unpriced and presents a unique chance for renovation or redevelopment, capitalizing on its prime location and strong surrounding demographics. The property is located in Wayne County, Michigan, zip code 48183.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
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