You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Auto shops

7647 Joy Rd Detroit, MI 48204

1,000 SF 0.05 ac lot Built 1940
Individually Owned 1-yr Hold Free & Clear
Property ID
US43-1085918
Property summary
AI-generated overview

This exceptional commercial property, located at 7647 Joy Rd, Detroit, MI, presents a unique investment opportunity. Spanning nearly 0.4 acres and encompassing 8 separate lots, this property offers a 2,073 square foot building and ample space for expansion. The site is fully fenced and gated, ensuring security. Recent improvements include a new asphalt roof, although some cosmetic updates are needed. The property boasts an on-site air compressor, power connections for signage, and a gated entrance. A partially completed room with a new concrete floor offers additional development potential, requiring only finishing touches like a door and roof. The B4 zoning allows for a wide range of business uses, including but not limited to building material sales, various workshops, retail, and certain institutional uses. This high-visibility location benefits from its strategic position at the intersection of Joy Road and Livernois Avenue, providing excellent accessibility and exposure. The area's evolving infrastructure and proximity to major highways, residential areas, and industrial hubs make it an attractive investment for businesses seeking growth. A land contract is available with a minimum down payment of $50,000. This property is primed for success in 2025 and beyond.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1940
Total area 1,000 SF
Lot 0.05 ac (2,178 SF)
Zoning code B4
APN 16004668.
UPID US43-1085918
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Alex Antonio Cruz · 1 yrs held
Alex Antonio Cruz
since 2025
2 recorded transactions
2025
Price N/A
2009
Price N/A
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message