Property profile

741 11th Mile Rd Madison Heights, MI 48071

OFF-MARKET
Auto shops
Property ID
US43-1114219
3,830 SF 0.52 ac lot Built 1970
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1970
Total area 3,830 SF
Lot 0.52 ac (22,651 SF)
Zoning code B-3 GEN
APN 44-25-23-202-001
UPID US43-1114219

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

741 11th Mile Rd Madison Heights, MI 48071-3205
Madison Heights metro Census 181500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
2015
Price N/A

Zoning & alternative use

B-3 GEN · Madison Heights, MI

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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