Property profile

32601 Industrial Dr Madison Heights, MI 48071

OFF-MARKET
Auto shops
Property ID
US43-1400510
26,490 SF 2.47 ac lot Built 1988
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1988
Total area 26,490 SF
Lot 2.47 ac (107,593 SF)
Zoning code M-1 LT
APN 44-25-01-202-022
UPID US43-1400510

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

32601 Industrial Dr Madison Heights, MI 48071-1517
Madison Heights metro Census 981200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$1.53M

Owner & transaction history

since 2021
Last sale
$1.5M
4 recorded transactions
2022
Price N/A
2021
Price N/A
2020
$1.5M
2019
Price N/A

Zoning & alternative use

M-1 LT · 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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