530 Maple Rd Troy, MI 48083
- Industrial properties
- 11,272 SF
- 2.29 lot acres
Current Use by Public Records
- Tuffy Troy Auto Repair / Auto Repair Shop / Brake Shop
Property Details for 530 Maple Rd
- Year built
- 1969
- Lot size
- 2.29 lot acres
- Property size
- 11,272 SF
- Zone code
- M-1
- Property type
- Industrial properties
- APN
- 88-20-34-127-025
- APU
- 882034127025
Description
This exceptional investment opportunity presents a fully operational auto care facility and its accompanying real estate in Troy, Michigan. The property, located at 530 E Maple Rd, boasts 11,272 square feet on a 2.3-acre lot, with convenient access via four 12 x 14 drive-in doors. The building, constructed in 1969, is zoned for industrial use and features 10,072 square feet of industrial space and 1,200 square feet of office space. The property includes 30 parking spaces and a fully fenced rear yard, providing ample room for operations and storage. The parcel's APN is 20-34-127-025. This turnkey operation offers a rare chance to acquire both a profitable business and a strategically located industrial property in a thriving market. The 20' clear height provides excellent workspace. Further business details are available upon execution of a non-disclosure agreement. This is a combined sale of both the business and the real estate. The asking price for this complete package is $2,350,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,720,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,400,000
- 6.5%
- $1,625,000
- 7%
- $1,410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,565,000
- Geo Method
- $1,605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,425,000
- Retail
- $1,485,000
- Mixed-Use
- $1,175,000
- Hospitality
- $1,530,000
- Educational
- $1,570,000
- Residential Income
- $1,495,000
- Energy
- $1,440,000
- Income-Based Land
- $1,570,000
- Food Service
- $1,425,000
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1373
- Latitude
- 42.5474
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
