12851 Reeck RdSouthgate, MI 48195

  • Other commercial real estate
  • 3,900 SF
For Sale
$1,475,000 View listing

Property Details for 12851 Reeck Rd

Year built
2003
Lot size
0.91 AC
Property size (Sq ft)
3,900 SF
Property type
Other commercial real estate
APN
53 004 99 0004 706
APU
53004990004706

Description

This exceptional investment opportunity presents a thriving, fully operational car wash located at 12851 Reeck Rd, Southgate, MI 48195. Boasting a prime location just off I-75, this high-visibility site benefits from significant daily traffic. The car wash features 3,900 square feet of space situated on a generous 1.11-acre lot, zoned C-2 General Business. The property includes all 2019 equipment, ensuring a smooth transition for new ownership. The expansive lot offers ample room for potential expansion or the addition of complementary businesses. A key feature is a 120-foot deep tunnel and a large detail bay, enhancing operational efficiency and service offerings. This turnkey operation is ready for immediate income generation, making it an attractive investment in a robust retail market. The property's strategic location and modern equipment combine to create a compelling opportunity for significant return on investment. Serious inquiries are encouraged to explore this exceptional business acquisition.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $764,183
    Hospitality
    $699,988
    Educational
    $582,381
    Medical
    $602,410
    Retail
    $905,927
12851 Reeck Rd, Southgate, Michigan

Location Insight

City
Southgate
County
Wayne
State
Michigan
Latitude
42.2138
Longitude
-83.2246
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
2023
$15,292
-
-
$216,600
-
-
-
$433,200

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