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    Property profile & analytics
    OFF-MARKET Estimated value $885,000
    Auto shops

    18417 Telegraph Rd, Brownstown, MI 48174-9546

    7,500 SF 2 ac lot Built 1976
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-1111423
    Property summary
    AI-generated overview

    This exceptional 7,500 square foot industrial property, located at 18417 TELEGRAPH in Romulus, MI, presents a lucrative business opportunity. Situated on a highly visible 2-acre lot on busy Telegraph Road, this established business boasts significant daily traffic, ensuring maximum exposure. The property currently operates as a successful auto dealership and body shop, complete with all necessary licenses included in the sale. The well-equipped body shop features a 22' x 7' three-post frame rack and a state-of-the-art 25' L x 14' H x 15' W forced downdraft paint booth with baking capabilities. This allows for efficient and high-quality vehicle repairs. The expansive lot provides ample space for current operations and significant future expansion possibilities. The sale includes the dealership, repair facility, finance, salvage title, and recycling licenses, offering a turnkey operation ready for immediate revenue generation. This is a rare opportunity to acquire a thriving business with significant growth potential in a high-traffic location. The asking price is $1,900,000. Don't miss this chance to own a piece of Romulus's thriving commercial landscape.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1976
    Total area 7,500 SF
    Lot 2 ac (87,120 SF)
    Zoning code I-1
    APN 70 009 99 0011 000
    UPID US43-1111423
    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
    $885k
    Owner & transaction history
    Kildani Investments LLC · 3 yrs held
    Kildani Investments LLC
    since 2022
    Last sale
    $900,000
    2 recorded transactions
    2022
    $900,000
    2013
    $100,000
    Zoning & alternative use
    I-1 · Brownstown, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $910,000 +70.1%
    Medical building $705,000 +31.7%
    Office building $660,000 +22.7%
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