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Property profile & analytics
OFF-MARKET
Auto shops

3781 High St Ecorse, MI 48229-1658

3,306 SF 0.2 ac lot Built 1946
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US43-0366697
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1946
Total area 3,306 SF
Lot 0.2 ac (8,712 SF)
APN 34-005-02-0022-000
UPID US43-0366697
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ronald W Chevillet · 9 yrs held
Ronald W Chevillet
since 2016
5 recorded transactions
2016
$40,000
2014
Price N/A
2012
Price N/A
2012
Price N/A
2009
$27,669
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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