36050 Goddard Road, Romulus, MI 48174
Real Estate Only - Romulus, MI
- Added:
- Dec 6, 2025
- Days on Market:
- 186
- Last Refresh:
- Jun 10 at 4:06 am
Property Features for 36050 Goddard Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 80077010002000
- Size
- 2,604 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5719
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1942
- Year renovated
- 2025
- Floors in Building
- 2
- Building materials
- Brick, Stucco
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Cornelia Stoian (248) 755-1821
Listing office EXP Realty 843 Penniman Ste 2, MI (888) 778-3172
Listing date Dec 6, 2025
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.
HighLights
- Prime location in the heart of Romulus's newly developed area.
- Oversized garage with oversized door, heating gas, and exhaust fan.
- New parking lot pavement and plenty of parking spaces.
- Front digital sign for advertising.
- Easy access to I‑94 and minutes from Metro Airport and shopping.
- Showroom/large office space with upper level area and storage.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.5k | $14.40 |
| − Vacancy | −$2.2k | −$0.86 |
| EGI | $35.2k | $13.54 |
| − OpEx | −$10.6k | −$4.06 |
| NOI | $24.7k | $9.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Romulus
- County
- Wayne
- State
- Michigan
- Longitude
- -83.39467
- Latitude
- 42.22284
