Property profile

500 E Huron Blvd Marysville, MI 48040

FOR SALE
Auto shops
Property ID
US43-4536243
10,000 SF 1.57 ac lot Built 1986
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 10,000-square-foot industrial property, located at 500 E. Huron Blvd in Marysville, Michigan (48040), presents a unique owner-user opportunity. Situated on a 1.57-acre lot at the corner of Busha Hwy and Huron Blvd, this single-story, Class C building boasts 100% occupancy. Built in 1986, the property features 10 dock-high doors and ceiling heights ranging from 10 to 16 feet. The building is zoned M-1 and includes 624 square feet of office space and 6,376 square feet of shop space. The well-equipped auto repair and collision shop includes two down-draft paint booths, three 5 HP compressors, four hoists, a detailing bay with a 5 HP power washer and overhead wand, and a five-bay Black Hawk frame bay with three-size hoists. Water, air, and 220-volt power are conveniently located on every shop wall. Additional features include a front-end alignment rack and pinion (20k capacity) and three-phase power. This turnkey operation is offered at $999,000. The property's prime location and extensive equipment make it an ideal investment for a thriving automotive business. The APN is 74-03-051-0005-000.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1986
Total area 10,000 SF
Lot 1.57 ac (68,520 SF)
Zoning code M-1
APN 74-03-051-0005-000
UPID US43-4536243

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Auto Repair Shop
  • Car Dealership

Location

500 E Huron Blvd Marysville, MI 48040
Marysville metro Census 637200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

Zoning & alternative use

M-1 · Marysville, MI
Zoning description

The M-1 Light Industrial Districts are designed so as to primarily accommodate wholesale activities and warehouse and industrial operations whose external, physical effects are restricted to the area of the districts and…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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