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Property profile & analytics
OFF-MARKET
Auto shops

1079 Ft St Wyandotte, MI 48192-3037

9,264 SF 0.23 ac lot Built 1956
Individually Owned 5-yr Hold Free & Clear
Property ID
US43-0394666
Property summary
AI-generated overview

This exceptional 9,264 square foot industrial building presents a significant opportunity in Wyandotte, Michigan. Strategically located on Fort Street, this property offers convenient access from both directions, enhanced by a turnaround directly in front. A substantial fenced parking lot provides ample space. The building boasts approximately 4,500 square feet on the main level and an additional 4,500 square feet upstairs, accessible via a rear loading door ideal for deliveries. Currently configured as a well-equipped mechanic shop, the property includes seven hoists, a 2016 120-gallon rotary screw compressor, an AC machine, tire machine and balancer with weights and lugs, a 20-ton press, and a professional parts sandblaster. The extensive equipment included offers a turnkey operation for a similar business or a solid foundation for repurposing. The 0.23-acre lot provides ample space for expansion or outdoor operations. The property is offered at $599,900 and land contract terms are available. A list of alternative uses for the building is available upon request, highlighting the versatility and potential of this prime industrial space. This is a rare opportunity to acquire a substantial building in a desirable location with significant potential for various business ventures.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1956
Construction CONCRETE BLOCKS
Total area 9,264 SF
Lot 0.23 ac (10,019 SF)
APN 57 003 07 0163 001
UPID US43-0394666
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
William L Rudd · 5 yrs held
William L Rudd
since 2020
Last sale
$240,000
2 recorded transactions
2020
$240,000
2015
$240,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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