30544 Grand River Ave, Farmington Hills, MI 48336
For Sale
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This exceptional investment opportunity presents a 5,667 square foot car wash located at 30544 Grand River Avenue, Farmington Hills, Michigan 48336. Built in 1980, this single-story building sits on a 0.42-acre lot. The asking price is $399,000, translating to $70.41 per square foot. The sale includes both the real estate and existing equipment. This property is situated in a high-traffic area, offering significant potential for increased revenue. The location boasts proximity to major retailers such as Target, Dunham's, and Dollar Tree, ensuring consistent customer flow. While the seller does not have financial information available for the business, this presents a unique opportunity for an investor to implement their own business strategies and potentially add automated washes and more vacuum stations to enhance profitability. The property is privately owned and presents a strong foundation for a successful car wash operation. Serious inquiries are encouraged to schedule a showing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Farmington Hills, MIFarmington Hills. 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.