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Property profile & analytics
OFF-MARKET
Auto shops

30191 Michigan Ave Inkster, MI 48141-2050

4,800 SF 0.54 ac lot Built 1962
Entity Owned 1-yr Hold Free & Clear
Property ID
US43-4506471
Property summary
AI-generated overview

This exceptional 7,200 square foot industrial property in Inkster, Michigan, presents a unique investment opportunity. Situated on a substantial 2.29-acre lot, this property includes a 4,800 square foot building previously used as a body shop, plus two additional vacant lots. The property is strategically located in a designated green zone, specifically zoned B3 (General Business), allowing for medical and recreational marijuana sales, cultivation, and micro-business operations, subject to city approval. The city of Inkster actively encourages development in this area, envisioning a commercial complex incorporating cultivation, dispensaries, and customer lounges. This presents a significant advantage for investors seeking to capitalize on the burgeoning cannabis industry. The property's ample space and flexible zoning offer diverse development possibilities beyond marijuana-related businesses. The two vacant lots provide additional space for expansion or future development. Parcel numbers 4401299006000 and 44012990005002 are included in the sale. The property is priced at $750,000. Potential buyers are responsible for verifying all zoning information and permitted uses with the city of Inkster.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1962
Total area 4,800 SF
Lot 0.54 ac (23,522 SF)
APN 44 012 99 0004 002
UPID US43-4506471
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
  • Stones Collision Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Brutus Properties LLC · 1 yrs held
Brutus Properties LLC
since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2023
Price N/A
2022
$165,000
2022
$225,000
2021
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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