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

    23394 Goddard Rd Taylor, MI 48180

    View on Map
    Sponsored
    For Lease
    $2,500 /Mo ($18 SF/Yr)

    Real Estate Only - Taylor, MI

    Property size:
    1,632 SF
    Lot size:
    0.39 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 7 at 8:06 pm

    Property Features for 23394 Goddard Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Office
    APN
    60039020036303
    Size
    1,632 SF
    Lot size
    0.39 Acres

    Utilities

    Heating system
    Central, Forced Air

    Building Details

    Year built
    1959
    Year renovated
    2010
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    Jerry Johnson

    eXp Realty LLC (888) 501-7085

    Listing agent Jerry Johnson (734) 322-3302

    Listing date Mar 7, 2026

    MLS# 20261013587 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Upscale Office Building - Taylor, MI

    This approximately 1,600 sq. ft. upscale office building offers a turnkey opportunity with high-end finishes and a professional layout. The space includes a large, bright reception area featuring floor-to-ceiling windows and multiple skylights that fill the office with natural light. Recessed lighting throughout adds a clean, modern touch, while elegant 1'2” glass office doors lead to private offices furnished with custom cherry desks and upscale details. The layout includes two well-appointed restrooms and a spacious conference room that incorporates a built-in kitchen area within the same open space. This is ideal for client meetings, team gatherings, or hosting presentations and events. A high-efficiency furnace ensures year-round comfort and energy savings. The custom exterior provides strong curb appeal, complemented by private on-site parking as well as convenient street parking for clients and staff. The office is move-in ready.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Downriver Injury & Auto ... Law Firm Todd L. Barron, ... Law Firm Michael G. Heilmann ... Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Wayne
    State
    Michigan
    Longitude
    -83.262318
    Latitude
    42.226653

    Nearby Similar for Lease

    • $4,000 /Mo
      2,794 SF

      High-Traffic Retail Space in Taylor

      Rare leasing opportunity on Telegraph Rd with high visibility.
      14239 Telegraph Rd, Taylor, MI 48180
      View Details
    • $1,750 /Mo
      1,638 SF

      Goddard Road Stand-Alone Building

      Stand-alone building on Goddard Road with endless business potential!
      23380 Goddard Rd, Taylor, MI 48180
      View Details
    • $2,400 /Mo
      2,400 SF

      Versatile Commercial Space on Van Born

      2400 sq ft commercial space on high-traffic Van Born Road.
      23753 Van Born Rd, Taylor, MI 48180
      View Details
    • $16 SF/Yr
      3,300 SF

      Office Space in Taylor

      Office space for lease in redeveloped building on Ecorse Road.
      21751 Ecorse Rd, Taylor, MI 48180
      View Details
    • $4,000 /Mo

      Retail Space on Main Road

      Retail space available for rent in a prime location.
      8357 Telegraph Rd, Taylor, MI 48180
      View Details
    • $25 SF/Yr
      3,286 SF

      Retail Opportunity on Telegraph Road

      Retail property available for lease on Telegraph Road in Taylor.
      9015 Telegraph Rd, Taylor, MI 48180
      View Details
    • $1,500 /Mo

      Versatile Commercial Space For Rent

      800 sq ft commercial space suitable for various businesses.
      25251 Eureka Rd, Taylor, MI 48180
      View Details
    • $6,000 /Mo

      Prime Commercial Property in Taylor

      High-visibility commercial property in Taylor, ideal for diverse business uses.
      7889 Telegraph Rd Rd, Taylor, MI 48180
      View Details
    • Contact for pricing
      4,699 SF

      Retail/Restaurant Space Near Southland Center

      Outlot space available near a Home2 Suites by Hilton.
      14300 Pardee Rd, Taylor, MI 48180
      View Details
    • Contact for pricing
      2,174 SF

      Retail Space in Taylor Epicenter

      Located in Taylor's regional retail corridor on Eureka Road.
      22269-22269 Eureka Rd, Taylor, MI 48180
      View Details
    • Contact for pricing
      415,606 SF

      Large Leased Office Building Available

      415,606 SF office building 100% leased until June 2027.
      21001 Van Born Rd, Taylor, MI 48180
      View Details
    • Contact for pricing

      Retail Space Near Southland Center

      Retail space located across from Southland Center.
      23351 Eureka Rd, Taylor, MI 48180
      View Details

    FAQs

    What type of property is this?
    Office units - Turnkey office space with high-end finishes and professional layout.
    Where is this office units located?
    The property is located at 23394 Goddard Rd Taylor, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey, **move-in ready condition with high-end finishes** and meticulous upkeep.; - Approximately 1,600 sq. ft. upscale office space with a professional layout.; - **Bright reception area with floor-to-ceiling windows and multiple skylights.**
    (313) 909-2990
    Request Owner's contact information
    23394 Goddard Rd Taylor, MI 48180
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23394 Goddard Rd
    Taylor, MI 48180
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23394 Goddard Rd Taylor, MI 48180
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jerry Johnson
    Real Estate License ID: 6501422993
    (313) 909-2990 (734) 322-3302
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!