13001 Mack Ave Detroit, MI 48215
- Auto shops
- 2,250 SF
- 0.25 lot acres
Current Use by Public Records
- Auto shops
Property Details for 13001 Mack Ave
- Year built
- 1968
- Lot size
- 0.25 lot acres
- Property size
- 2,250 SF
- Zone code
- B4
- Property type
- Auto shops
- APN
- 21001307-12
- APU
- 2100130712
Description
This 2,500 square foot, single-story auto shop located at 13001 Mack Avenue in Detroit, Michigan, presents a compelling investment opportunity. Priced at $199,000 ($79.95 per square foot), this property boasts a prime corner location with excellent frontage and exposure on Mack Avenue. The building features three bays, ideal for automotive repair or related businesses. Situated on a 10,941 square foot lot, the property offers significant redevelopment potential. The property is classified as retail, with subtypes including auto shop, storefront, and office, providing versatility for various uses. This owner-user investment opportunity requires 24-hour notice for showings. Don't miss this chance to acquire a well-positioned commercial property in a high-traffic area of Detroit. Schedule your showing today.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $90,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $115,000
- 6.5%
- $100,000
- 7%
- $105,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $90,000
- Geo Method
- $95,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $105,000
- Mixed-Use
- $110,000
- Hospitality
- $110,000
- Educational
- $110,000
- Residential Income
- $120,000
- Energy
- $115,000
- Income-Based Land
- $120,000
- Food Service
- $125,000
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9617
- Latitude
- 42.385
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA