Property profile

26700 John R Rd Madison Heights, MI 48071

OFF-MARKET
Auto shops
Property ID
US43-1821912
2,812 SF 0.4 ac lot Built 2019
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,000-square-foot auto service center is available for lease in the thriving city of Madison Heights, Michigan. Built in 2022, this property boasts a modern design and is situated on a sizable 0.4-acre lot, providing ample space for operations and potential expansion. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. The property's address is 26700 John R Rd, Madison Heights, MI 48071, within Oakland County. Its convenient location offers excellent visibility and accessibility for customers. The property is classified as retail, specifically an auto service center, and features a multiple tenancy structure, although currently, the entire space is available. The building's total square footage is 3,000 square feet, with all 3,000 square feet currently vacant. The property's Assessed Parcel Number (APN) is 25-24-101-006. This turnkey operation presents a rare opportunity for an established auto service business or a new venture seeking a prime location in a high-traffic area. The property's modern construction and ample space offer significant potential for growth and success. Interested parties are encouraged to inquire for further details and leasing information.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2019
Total area 2,812 SF
Lot 0.4 ac (17,424 SF)
Zoning code B-3 GEN
APN 44-25-24-101-006
UPID US43-1821912

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

26700 John R Rd Madison Heights, MI 48071-3616
Madison Heights metro Census 181600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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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
$295k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2017
$45,000
1969
Price N/A

Zoning & alternative use

B-3 GEN · Madison Heights, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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