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    555 Grove St Wyandotte, MI 48192

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    For Sale
    $986,000

    14,500 SF warehouse with tenant until 2028.

    Property size:
    14,500 SF
    Lot size:
    3.96 Acres

    Property Features for 555 Grove St

    General Information

    Size
    14,500 SF
    Lot size
    3.96 Acres

    Source: Signature Associates Agent Brad M. Viergever

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wyandotte Warehouse with Tenant in Place

    This is a 14,500 square foot traditional warehouse. The building features an 18-foot clear height, four 12'x14' grade-level doors, and one exterior loading dock. The property is currently 100% occupied by a tenant under a NNN lease with 2.5% annual increases until January 1, 2028. Early termination upon closing is possible for a user buyer. The property can be purchased individually, or with 580 Hillsdale Street and 550 Hillsdale Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Total Facility Storage, Wy-not Store It, Storage Station, Wyandotte Community Storage, Safe Spot Wyandotte

    Location Insight

    • Map
    • Local Demand
    City
    Wyandotte
    County
    Wayne
    State
    Michigan
    Longitude
    -83.156416
    Latitude
    42.1922837

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    FAQs

    What type of property is this?
    Warehouse - 14,500 SF warehouse with tenant until 2028.
    Where is this warehouse located?
    The property is located at 555 Grove St Wyandotte, MI.
    What is the asking price?
    The asking price for this property is $986,000.
    What are key features of this property?
    This property features: - 14,500 sq. ft. clean traditional warehouse space.; - Tenant in place on NNN lease with 2.5% annual increases until January 1, 2028.; - Early lease termination possible for user buyer.
    (248) 767-3146
    Request Owner's contact information
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    Wyandotte, MI 48192
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    Realmo Value Estimation

    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.

    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.

    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
    555 Grove St Wyandotte, MI 48192
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