Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    36521 Goddard Rd Romulus, MI 48174

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $700,000

    Commercial building suitable for various business operations with ample parking.

    Lot size:
    0.57 Acres

    Property Features for 36521 Goddard Rd

    General Information

    Lot size
    0.57 Acres

    Building Details

    Year built
    1957

    Source: Royal Real Estate LLC Agent Patrice Kpan

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

    Overview

    Commercial Building on Goddard Road

    This commercial building, formerly operated as a food market, is located on a busy street on Goddard Road and within walking distance of downtown Romulus. The property offers potential for various business operations. It features extra storage space and large parking spaces for customers. The roof is approximately a couple of years old, and the electrical, plumbing, and mechanical systems have been recently updated. The property is being sold as-is.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Food Market Gym & Fitness Pharmacy Grocery Store Building Supply Bar & Pub Department Store Barber Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -85.6023643
    Latitude
    44.3148443

    Nearby Similar for Sale

    • New
      $399,000
      2,604 SF

      Commercial Building in Romulus, MI

      Commercial building with showroom, office, and warehouse space for sale.
      36050 Goddard Rd, Romulus, MI 48174
      View Details
    • $134,900
      Pending

      Remodeled Industrial Space Near Airport

      Remodeled industrial space in Romulus, near I-94 and Detroit Metro Airport.
      6921 Middlebelt Rd, Romulus, MI 48174
      View Details
    • $299,900
      3,838 SF

      Thriving Child Care Business Opportunity

      Turn-key child care business and real estate for sale.
      27975 Eureka Rd, Romulus, MI 48174
      View Details
    • Contact for pricing

      Marriott Detroit Metro Airport Hotel

      249-room hotel near Detroit Metro Airport available for sale.
      30559 Flynn Dr, Romulus, MI 48174
      View Details
    • $1,999,999

      Romulus Truck Wash Facility

      High-performing truck wash facility with established business accounts.
      27990 Wick Rd, Romulus, MI 48174
      View Details
    • $825,000
      2,761 SF

      Romulus Industrial Property with Truck Bays

      2,761 SF building with drive-thru bays on 1.47 acres.
      12750 S Huron Riv Dr, Romulus, MI
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Commercial building suitable for various business operations with ample parking.
    Where is this grocery and convenience store located?
    The property is located at 36521 Goddard Rd Romulus, MI.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - High-traffic location on Goddard Road, near downtown Romulus.; - Suitable for various business operations beyond a food market.; - Benefit from recent updates to electrical, plumbing, and mechanical systems.
    (313) 522-9399
    Request Owner's contact information
    36521 Goddard Rd Romulus, MI 48174
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    36521 Goddard Rd
    Romulus, MI 48174
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    36521 Goddard Rd Romulus, MI 48174
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.