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    OFF-MARKET
    Commercial land

    3507 Highland Rd, Milford, MI 48380-1114

    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0088747
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving, newly constructed (2022) car wash situated at 3507 Highland Road in Highland Charter Township, Michigan, 48380. The property, identified by APN 11-30-200-040, boasts a prime location with unparalleled visibility and accessibility directly off Highland Road, a thoroughfare experiencing over 28,000 vehicles daily. The single-building car wash facility is zoned C-2 and features a fully automated system with two bays, offering both touchless and soft cloth options for customers. Six vacuum stations are available for post-wash cleaning. This location benefits significantly from its proximity to the General Motors Milford Proving Grounds, a substantial employer with 4,200 employees, spanning 4,000 acres and encompassing 150 buildings and 150 miles of roadways. This ensures a consistent and substantial customer base. The property includes adjacent land, offering potential for future expansion or development. The car wash's modern design and convenient features, combined with its strategic location near a major employer, make this a highly attractive investment prospect with strong potential for continued growth and profitability. This is a turnkey operation ready for immediate income generation. The property is in Oakland County.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    APN H -11-30-200-042
    UPID US43-0088747
    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
    • Shimmers Auto Wash Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Prime Time Storage Of Highland LLC · 2 yrs held
    Prime Time Storage Of Highland LLC
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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