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    341 Goddard Rd Wyandotte, MI 48192

    For Sale
    $1,800,000

    Large warehouse with long-term tenant and expansion possibilities.

    Lot size:
    2.29 Acres

    Property Features for 341 Goddard Rd

    General Information

    Lot size
    2.29 Acres

    Building Details

    Year built
    1950

    Source: National Realty Centers Agent Wayne Michalak

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

    Overview

    Wyandotte Warehouse with Storage Potential

    This large warehouse in Wyandotte has functioned as a self-storage facility for over 20 years. The property presents an opportunity to expand the existing storage facility, which is reported to be consistently fully occupied, or to repurpose the building for other industrial uses. A long-term tenant currently occupies approximately 8,000 square feet of the building. The building features tall ceilings suitable for a mezzanine, and heavy power. The roof has been maintained. The property includes an additional lot at 271 Stoll St, which is currently used for outside storage. The property generates approximately $180,000 in gross revenue as it currently operates.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wyandotte
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1904
    Latitude
    42.1883

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    FAQs

    What type of property is this?
    Self storage facility - Large warehouse with long-term tenant and expansion possibilities.
    Where is this self storage facility located?
    The property is located at 341 Goddard Rd Wyandotte, MI.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Existing self-storage facility with high occupancy and expansion potential.; - Includes additional lot (271 Stoll St.) for outside storage.; - Generates immediate cash flow (approximately $180k gross revenue).
    (313) 999-6728
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    341 Goddard Rd Wyandotte, MI 48192
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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
    341 Goddard Rd Wyandotte, MI 48192
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