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Property profile & analytics
OFF-MARKET
Auto shops
17219 Mcnichols Rd, Detroit, MI 48235-3322
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1324686
Property summary
AI-generated overview
This exceptional 5,600-square-foot auto shop, located at 17219 W McNichols Rd in Detroit, Michigan, presents a lucrative investment opportunity. The property, situated on a 0.15-acre lot (APN 22013069-72), boasts a two-story building constructed in 1954. The building features a 12-20 foot ceiling height, ideal for accommodating various automotive repair needs. Access is facilitated by two grade-level doors, measuring 8'x10' and 20'x14', respectively. The shop is equipped with 220/440 power and includes a pre-existing paint booth, significantly enhancing its operational capabilities. The property is zoned B4 and is currently offered at $380,000, translating to a price per square foot of $67.86. This single-tenancy retail space presents a strong foundation for continued success in the automotive repair industry. The property's location in Wayne County, Michigan, zip code 48235, offers convenient access to major transportation routes and a substantial customer base.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1954
Total area
5,600 SF
Lot
0.15 ac (6,534 SF)
Zoning code
B2
APN
22013069-72
UPID
US43-1324686
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
M J Edwards Ents INC · 10 yrs held
M J Edwards Ents INC
since 2015
5 recorded transactions
Zoning & alternative use
B2 · 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)
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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
$4,653
Tax year 2020
Assessed value
$92,200
Assessed 2024
Previous assessed
$82,800
+11.4% YoY
Effective rate
5.05%
On assessed value
Total market value
$184,400
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
Off-Market
Year built
1954
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
5,600 SF
Lot
0.15 ac (6,534 SF)
Zoning code
B2
APN
22013069-72
UPID
US43-1324686
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B2 · Detroit, MI
Zoning B2 · permitted uses
B2 · 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
1954
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
M J Edwards Ents INC
Entity
Free & Clear · 10 yrs held
Mailing address
20554 BRAILE ST, DETROIT, MI 48219-1422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2015
—
M J Edwards Ents INC
Edwards Ent
Quit Claim Deed
related
—
Oct 11, 2013
$23,100
Edwards Ent
Treasurer Of Charter Cnty/wayne M
Quit Claim Deed
related
—
Sep 19, 2013
—
Treasurer Of Wayne County
Owner Name Unavailable
Tax Deed
related
—
Sep 13, 2012
—
Treasurer Of Wayne County
Owner Name Unavailable
Tax Deed
related
—
Nov 16, 2009
$1,300
Imad P Madi
Treasurer Of Wayne County
Quit Claim Deed
related
—
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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