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    FOR SALE
    Auto shops

    5720 E Davison St, Hamtramck, MI 48212

    4,970 SF 0.52 ac lot Built 1952
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US43-0355432
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two buildings situated on a single lot in Hamtramck, Michigan, at 5720 E Davison St, zip code 48212. Offered at $699,000, this property is currently vacant and presents a multitude of potential uses. The property's classification includes industrial, mixed-use, and self-storage designations, offering significant flexibility for prospective buyers. The buildings are suitable for a variety of commercial ventures, including, but not limited to, a dealership. The property's location in Wayne County provides convenient access to major transportation routes, enhancing its logistical appeal. The substantial size of the lot and the presence of two separate buildings offer considerable development potential. This is a unique chance to acquire a versatile property in a dynamic location, ideal for entrepreneurs and investors seeking a high-return opportunity. The property is being sold by the owner and is ready for immediate occupancy. Interested parties are encouraged to schedule a showing to fully assess the potential of this remarkable offering. The property's latitude and longitude coordinates are 42.4215933 and -83.0450527 respectively.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1952
    Total area 4,970 SF
    Lot 0.52 ac (22,651 SF)
    Zoning code B4
    APN 13007408-14
    UPID US43-0355432
    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
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Kassim Nasser · 1 yrs held
    Kassim Nasser
    since 2024
    Last sale
    $110,000
    3 recorded transactions
    2024
    2021
    $110,000
    2021
    Zoning & alternative use
    B4 · Hamtramck, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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