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Property profile & analytics
OFF-MARKET Estimated value $1,040,000
Automotive properties

5350 Alpine NW Ave Comstock Park, MI 49321-9708

16,800 SF 3.08 ac lot Built 1971
Entity Owned Free & Clear
Property ID
US43-1479448
Property summary
AI-generated overview

This exceptional 16,800-square-foot retail property, located at 5350 Alpine Ave NW in Comstock Park, Michigan, presents a unique investment opportunity. Situated on a substantial 3-acre lot, this established auto repair facility, formerly known as Grand Valley Corvette, is being offered for sale at $900,000. The sale includes the existing inventory of cars and auto parts, along with all necessary licenses for continued operation. Built in 1971, the property boasts a fully functional automotive spray booth that meets current codes and a wealth of dealership equipment. High traffic counts on Alpine Avenue, averaging 13,377 cars per day, ensure excellent visibility and potential for a thriving business. The property's large lot size offers ample space for expansion or future development. This turnkey operation provides immediate income potential and significant upside for a savvy investor. The sale includes both the dealer and salvage licenses, making for a seamless transition. The included cars and parts are located within the buildings. This is a rare opportunity to acquire a well-established business with significant assets in a prime location. Don't miss this chance to own a piece of Comstock Park's commercial landscape.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1971
Total area 16,800 SF
Lot 3.08 ac (134,165 SF)
Zoning code C-2
APN 41-09-24-351-002
UPID US43-1479448
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
  • Grand Valley Corvette Shop Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.04M
Owner & transaction history
Gand Valley Motors LLC
Gand Valley Motors LLC
since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2022
Price N/A
Zoning & alternative use
C-2 · Comstock Park, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.4M +32.6%
Retail stores $1.4M +31.2%
Office building $1.3M +23.7%
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