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Property profile & analytics
FOR SALE
Auto shops
12950 Mack Ave Detroit, MI 48215
Entity Owned
5-yr Hold
Free & Clear
Property ID
US43-1075027
For Sale
1 / 13
$249,900
12950 Mack Ave, Detroit, MI 48215
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Property summary
AI-generated overview
This exceptional Detroit commercial property, located at 12950 Mack Avenue, offers 2,058 square feet of versatile space on a 0.2-acre lot. Built in 1950, this single-story building features a three-bay garage and boasts excellent frontage and exposure at the corner of Mack and Dickerson. Currently zoned commercial, the property presents numerous potential uses, including an auto shop, convenience store, or storefront. The asking price is $249,900. A land contract option is available with a $50,000 down payment and $2,500 monthly payments. Proof of funds is required for showings, and 24-hour notice is needed for scheduling. The property's APN is W21I001083C7. This is a prime opportunity for investors seeking a high-visibility location in a busy Detroit commercial area. The property consists of one unit within a single building.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1949
Total area
2,058 SF
Lot
0.2 ac (8,712 SF)
Zoning code
B4
APN
21001083-7
UPID
US43-1075027
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
Mack Auto Sale LLC · 5 yrs held
Mack Auto Sale LLC
since 2021
Last sale
$150,000
2 recorded transactions
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Detroit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Detroit submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$1,902
Tax year 2020
Assessed value
$37,100
Assessed 2024
Previous assessed
$34,800
+6.6% YoY
Effective rate
5.13%
On assessed value
Total market value
$74,200
Applied tax rate
82,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1949
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
2,058 SF
Lot
0.2 ac (8,712 SF)
Zoning code
B4
APN
21001083-7
UPID
US43-1075027
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B4 · Detroit, MI
Zoning B4 · permitted uses
B4 · Detroit, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Detroit. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mack Auto Sale LLC
Entity
Free & Clear · 5 yrs held
Mailing address
12950 MACK AVE, DETROIT, MI 48215-2203
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
$150,000
Mack Auto Sale LLC
Eaf Properties LLC
Warranty Deed
—
May 29, 2012
—
Eaf Properties LLC
Ferris Family Living Trust
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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