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Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Farmington Hills market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BI · Farmington Hills, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BI in Farmington Hills, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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