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    37235 Goddard Rd Romulus, MI 48174

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    For Sale
    $600,000

    2,900 SF modern building, long-term tenants, convenient location.

    Lot size:
    0.55 Acres

    Property Features for 37235 Goddard Rd

    General Information

    Lot size
    0.55 Acres

    Building Details

    Year built
    2000

    Source: Mutual Realty, LLC Agent Nicholas Heppard

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

    Overview

    Romulus Medical/Dental Investment Opportunity

    This property offers an investment opportunity with 2,900 square feet of dental/medical space. The current tenants are part of a long-term established dental group with locations throughout the United States and are in the 2nd year of their second 5-year renewal term, with a third renewal term available. Constructed in 2000, the modern building is in excellent condition and equipped with current technology. The property is conveniently located in Romulus, with proximity to 94 and 275.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.40324
    Latitude
    42.217554

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    FAQs

    What type of property is this?
    Medical office - 2,900 SF modern building, long-term tenants, convenient location.
    Where is this medical office located?
    The property is located at 37235 Goddard Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Long-term established dental group tenant with multiple locations.; - Tenant is in the 2nd year of a 2nd, 5-year renewal term, with a 3rd renewal option available.; - **2,900 square feet of prime dental/medical space.**
    (248) 474-6464
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    37235 Goddard Rd Romulus, MI 48174
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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
    37235 Goddard Rd Romulus, MI 48174
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