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Property profile & analytics
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
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Owner & transaction history
Kassim Nasser · 1 yrs held
Kassim Nasser
since 2024
Last sale
$110,000
3 recorded transactions
2024
Price N/A
2021
$110,000
2021
Price N/A
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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