2511 Parma Rd, Parma, MI 49269-9747
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.
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Oil Zone (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-2 GEN · Parma, MIParma. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.