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    Property profile & analytics
    OFF-MARKET
    Flex space

    22930 Sherwood Ave, Warren, MI 48091-2605

    6,554 SF 0.23 ac lot Built 1948
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1641136
    Property summary
    AI-generated overview

    This exceptional business opportunity in Warren, Michigan presents a well-established truck repair shop generating approximately $500,000 in annual gross income. The property, located at 22930 Sherwood, boasts a spacious 5,000 square foot building situated on a 0.23-acre lot. The facility features four repair bays equipped with 14-foot insulated doors and 18-foot high ceilings, providing ample workspace. Significant storage space is available, along with a comfortable office, waiting area, and three restrooms. The property also offers extensive parking, a key advantage in its excellent location. The sale includes over $100,000 worth of equipment, representing a significant asset for the new owner. Currently operating with a single mechanic, this business offers substantial potential for expansion and increased profitability by adding staff and services. The strong existing revenue stream, coupled with the ample space and included equipment, makes this a truly compelling investment opportunity. The asking price for this turnkey operation is $399,900. This is a rare chance to acquire a profitable and established business with significant growth potential. Serious inquiries only.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1948
    Total area 6,554 SF
    Lot 0.23 ac (10,193 SF)
    Zoning code M-2
    APN 12-13-33-201-010
    UPID US43-1641136
    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
    • Precision Motorsports Auto Repair Shop
    • Itech truck & trailer repair llc. Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    22930 SHERWOOD, LLC
    22930 SHERWOOD, LLC
    Zoning & alternative use
    M-2 · Warren, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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