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Property profile & analytics
OFF-MARKET Estimated value $1,155,000
Automotive properties

42601 Joy Rd Canton, MI 48187-2060

20,711 SF 3.66 ac lot Built 1989
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US43-1484410
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a well-established oil change and auto repair business situated on a highly visible 3.66-acre lot at 42601 Joy Road in Canton, Michigan. The property boasts a substantial 20,711 square feet of industrial space, perfectly suited for continued operation of the existing business. The business itself enjoys a proven track record of success, built upon a strong and loyal customer base cultivated over many years. The sale includes all equipment and inventory, ensuring a seamless transition for the new owner. This is a rare chance to acquire a profitable, established enterprise in a thriving community, ready to generate immediate income. The business offers a diverse range of services, including oil changes and comprehensive auto repair, catering to a broad customer base. Seller financing is available, making this an even more attractive proposition for qualified buyers. The high visibility location on Joy Road guarantees significant exposure and accessibility for customers. This is a truly turnkey operation, requiring minimal effort to begin generating revenue. Serious inquiries only. Please do not contact employees directly.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1989
Construction CONCRETE BLOCKS
Total area 20,711 SF
Lot 3.66 ac (159,430 SF)
Zoning code C-3
APN 71 006 99 0001 001
UPID US43-1484410
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
  • All In 1 Oil Change & Auto Repair (Domestic & Foreign) Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.16M
Owner & transaction history
I 96 & Livernois Shell LLC · 14 yrs held
I 96 & Livernois Shell LLC
since 2011
3 recorded transactions
2011
Price N/A
2011
$500,000
2008
Price N/A
Zoning & alternative use
C-3 · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

00. - C-1, VILLAGE SHOPPING DISTRICT ARTICLE 15.00. - C-1, VILLAGE SHOPPING DISTRICT Expand ARTICLE 16.00. - C-2, COMMUNITY COMMERCIAL DISTRICT ARTICLE 16.00. - C-2, COMMUNITY COMMERCIAL DISTRICT Expand ARTICLE 17.00. - C-3, REGIONAL COMMERCIAL DISTRICT ARTICLE 17.00. - C-3, REGIONAL COMMERCIAL DISTRICT Expand ARTICLE 18.00. - C-4, INTERCHANGE SERVICE DISTRI…

Zone name Regional Commercial
General category COMMERCIAL
Zone area 20.02 ac
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