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Property profile & analytics
FOR SALE
Auto shops

19430 Mount Elliott St Detroit, MI 48234

15,876 SF 1.41 ac lot Built 1950
Individually Owned 10-yr Hold Free & Clear
Property ID
US43-1688353
Property summary
AI-generated overview

This exceptional 14,000-square-foot industrial warehouse, situated on a 1.4-acre lot in Wayne County's Detroit E of Woodward submarket, presents a significant opportunity. The single-tenant property boasts a prime location with easy access via Mount Elliott St and 7 Mile Rd. Built in 1950 and renovated in 2011, the building features a spacious layout with 12-20 foot ceiling heights, ideal for various industrial uses. Loading and unloading are facilitated by two dock-high doors and one grade-level overhead door, complemented by ample parking for at least 30 vehicles, with additional space for outdoor storage within the fully fenced property. The property includes 11,500 square feet of warehouse space and 2,500 square feet of air-conditioned office space. Modern amenities such as LED lighting and three-phase power are in place. The M4 industrial zoning ensures versatility, and the property's proximity to major transportation routes enhances logistical efficiency. While currently occupied, the tenant is expected to vacate within a few months, allowing for immediate occupancy for a new tenant. Please note that direct contact with the current tenant is discouraged to avoid disruption to their operations. The property's APN is 15-01-444-40-02.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Total area 15,876 SF
Lot 1.41 ac (61,420 SF)
Zoning code M4
APN 15014444.002L
UPID US43-1688353
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
Current use
Occupant on record · Public records
  • Jake Auto Parts Big Box & Wholesale Store Auto Parts Store
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
Sharif Dababneh · 10 yrs held
Sharif Dababneh
since 2016
2 recorded transactions
2016
Price N/A
2011
$60,000
Zoning & alternative use
M4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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