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Property profile & analytics

4057 Dix Hwy Lincoln Park, MI 48146

  • Commercial real estate
  • 3,836 SF
  • 0.35 lot acres
For Sale
Last Sale
Dec 05, 2024
$360,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1152659
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Quality Auto Wash / Car Wash
  • Rocket splash car wash / Car Wash
  • Lincoln Park Car Wash & Detail / Car Wash
  • Lincoln Park Car Wash and Detail / Car Wash

Property Details for 4057 Dix Hwy

Year built
1966
Lot size
0.35 lot acres
Property size
3,836 SF
Property type
Commercial real estate
APN
45 022 05 0096 001
APU
45022050096001

Description

This exceptional investment opportunity presents a fully renovated and operational tunnel car wash located at 4057 Dix Hwy, Lincoln Park, MI 48146. The property boasts a total of 3,836 square feet, encompassing a single-tenant car wash facility. Recent improvements include a brand new roof and updated electrical systems, ensuring efficient and reliable operation. The existing equipment has also undergone a complete refurbishment, enhancing its longevity and performance. A key advantage of this property lies in its versatility. Beyond the main tunnel wash, the property includes two additional bays, offering significant potential for expansion or diversification of services. These extra bays could be utilized for various purposes, allowing for increased revenue streams and enhanced operational flexibility. While the information provided is believed to be accurate, potential buyers are strongly encouraged to independently verify all details. This presents a rare chance to acquire a well-maintained, high-performing car wash with significant upside potential in a desirable location. The property's strong operational history, coupled with its recent renovations and added bay space, makes it an attractive investment for both seasoned and emerging entrepreneurs in the car wash industry.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lincoln Park
County
Wayne
State
Michigan
Longitude
-83.1937
Latitude
42.2243
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$4,966
$0.00
$0.00
$130,500
-
$0.00
$0.00
$261,000
More about this property
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