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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    2511 Parma Rd, Parma, MI 49269-9747

    2 ac lot
    Entity Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US43-0336372
    Property summary
    AI-generated overview

    This exceptional 4,800 square foot industrial property located at 2511 N Parma in Parma, MI, presents a unique investment opportunity. Situated on a 2.11-acre lot with convenient I-94 access, this fully operational auto service shop boasts three service bays, each equipped with a pit for efficient vehicle repair. The property includes a customer lobby with a half-bathroom, ensuring comfort and convenience for clients. A significant advantage is the inclusion of an 18-unit storage building, generating supplemental rental income. This adds to the already robust revenue streams from the auto service business itself, which includes a comprehensive inventory and a well-maintained customer database. The strategic location provides high visibility and easy accessibility, attracting a consistent flow of customers. Further enhancing profitability, the property also benefits from additional income generated through truck parking and storage. This turnkey operation offers immediate income and significant growth potential, making it an attractive investment for discerning buyers. The asking price is $795,000. This is a rare opportunity to acquire a well-established and profitable business with significant assets.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 2 ac (87,294 SF)
    Zoning code C-2 GEN
    APN 000-07-30-176-001-04
    UPID US43-0336372
    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
    • Oil Zone (Bike/Boat/Book/etc) 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
    Oil Zone LLC · 17 yrs held
    Oil Zone LLC
    since 2008
    3 recorded transactions
    2008
    2008
    $85,000
    2008
    $90,000
    Zoning & alternative use
    C-2 GEN · Parma, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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