3781 High St Ecorse, MI 48229-1658
This exceptional investment opportunity presents a 3,306 square foot retail building located at 3781 High Street in River Rouge, Michigan, within Wayne County (zip code 48229). The property, built in 1946, sits on a 0.2-acre lot and boasts a single story design. Currently operating as a thriving dumpster business with 18 years of continuous operation, the sale includes the building, 60 roll-off dumpsters, and all necessary equipment for continued operation. The building features four garage doors, providing ample access for efficient operations. The property is zoned for Commercial and Light Industrial use, offering flexibility for future endeavors. With 100% occupancy and a compelling asking price of $1,100,000, this translates to a price per square foot of $332.73 and an attractive 18.90% capitalization rate. A detailed equipment list is available upon request. This is a rare chance to acquire a well-established, profitable business with significant upside potential. The property's strong cash flow and prime location make it an ideal addition to any investment portfolio. This NNN lease property offers a single tenancy.
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
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.