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Property summary
The property is a Detroit, Michigan commercial building configured for auto-related use, consisting of approximately 3,924 square feet on a 0.27-acre lot. It is laid out as a four-bay facility and includes a large lobby, a private office, interior and exterior storage, and a fenced rear yard. On-site parking is provided along the front and side of the lot for customer vehicles, and the site includes hoists and high ceilings. The building includes garage doors and was updated with exterior paint, a replaced or refurbished roof, electrical and plumbing updates, and garage door replacements. The property is zoned commercial and has visibility from road and highway signage.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Detroit market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MI), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B4 in Detroit, MI.
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