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Property profile & analytics

1079 Ft St Wyandotte, MI 48192-3037

  • Auto shops
  • 9,264 SF
  • 0.23 lot acres
OFF-MARKET
Last Sale
Sep 10, 2020
$240,000
Value Estimations
$275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-0394666
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

  • Auto shops

Property Details for 1079 Ft St

Year built
1956
Construction
CONCRETE BLOCKS
Lot size
0.23 lot acres
Property size
9,264 SF
Property type
Auto shops
APN
57 003 07 0163 001
APU
57003070163001

Description

This exceptional 9,264 square foot industrial building presents a significant opportunity in Wyandotte, Michigan. Strategically located on Fort Street, this property offers convenient access from both directions, enhanced by a turnaround directly in front. A substantial fenced parking lot provides ample space. The building boasts approximately 4,500 square feet on the main level and an additional 4,500 square feet upstairs, accessible via a rear loading door ideal for deliveries. Currently configured as a well-equipped mechanic shop, the property includes seven hoists, a 2016 120-gallon rotary screw compressor, an AC machine, tire machine and balancer with weights and lugs, a 20-ton press, and a professional parts sandblaster. The extensive equipment included offers a turnkey operation for a similar business or a solid foundation for repurposing. The 0.23-acre lot provides ample space for expansion or outdoor operations. The property is offered at $599,900 and land contract terms are available. A list of alternative uses for the building is available upon request, highlighting the versatility and potential of this prime industrial space. This is a rare opportunity to acquire a substantial building in a desirable location with significant potential for various business ventures.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $265,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $415,000
    Market price range: $326k - $1.09M
    AI Estimate
    $415,000
    Market price range: $326k - $1.09M

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


Location Insight

  • Map
  • Local Demand
City
Wyandotte
County
Wayne
State
Michigan
Longitude
-83.1806
Latitude
42.2217
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
$9,633
$0.00
$0.00
$162,900
-
$0.00
$0.00
$325,800
More about this property
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