Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

8150 Ft St Detroit, MI 48209-2774

  • Auto shops
  • 2,833 SF
  • 0.29 lot acres
OFF-MARKET
Last Sale
Dec 01, 2022
$255,000
Value Estimations
$240,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1112661
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Metro Truck Tires / Tire Shop

Property Details for 8150 Ft St

Year built
1955
Lot size
0.29 lot acres
Property size
2,833 SF
Zone code
M2
Property type
Auto shops
APN
20001724.
APU
20001724

Description

This exceptional Detroit retail property, located at 8150 W Fort St, offers a lucrative investment opportunity. The 2,833 square foot building sits on a 0.29-acre lot (APN 20001724) and is zoned for commercial use. Built in 1955, the property has undergone significant recent improvements, including a roof replacement six years ago, new electrical panels five years ago, and a furnace replacement four years ago. Currently operating as a thriving business grossing over $900,000 annually with a 30% profit margin, the property includes all necessary equipment for the current operation, including a state-of-the-art Hunter tire balancing machine and a complete line of wholesale tires. The business primarily serves the commercial trucking industry, benefiting from its high-visibility location on W Fort St in Detroit, MI (48209). This turnkey operation presents a rare chance to acquire an established, profitable business with significant upside potential. The asking price is $1,580,000 ($557.71/sq ft).


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $240,000
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $170,000
    Current use
    COMMERCIAL (GENERAL)
    $260,000
    Change: +51% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $215,000
    Change: +25% Conversion: Difficult
    MEDICAL BUILDING
    $180,000
    Change: +4% Conversion: Difficult
    OFFICE BUILDING
    $175,000
    Change: +2% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1221
Latitude
42.2993
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$3,100
$0.00
$0.00
$51,500
-
$0.00
$0.00
$103,000
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