2427 Davison St Detroit, MI 48238
This exceptional Detroit investment opportunity presents a 1,980 square foot auto shop located at 2427 W Davison St, Detroit, MI 48238. The property, built in 1950, sits on a 0.08-acre lot and boasts a 14-foot ceiling height, four 10x10 and 14x10 grade-level doors, and ample parking. Currently, the shop enjoys 100% occupancy with a tenant under a recently signed five-year lease at $4,000 per month, generating a strong cash flow. The property is zoned B-4, offering flexibility for future uses. With a total asking price of $450,000 ($227.27 per square foot), this well-maintained auto shop represents a compelling investment opportunity in a prime Detroit location. The Wayne County property features APN 10004182-3. This turnkey operation is ready for immediate income generation. The property's strong tenant history and favorable zoning make it an attractive proposition for both seasoned investors and those new to commercial real estate. Don't miss this chance to acquire a profitable and well-located asset.
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DT Auto Repair Auto Repair Shop Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.