Retail
For Sale
Contact for pricing
22265 Goddard S, Taylor, MI 48180
The space can accommodate commercial, retail, or service uses.
Property Size1,100 SF
Price / SF$1.64
Days on Market14
Property Features for 22265 Goddard S
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Building Details
Year Built
1997
Listing Agency:
Century 21 Curran & Oberski
(313) 274-1700
Listed By:
Marc Kostelnik
(313) 289-0699
Source:
Goodhomemi
Added: Oct 16
Changed: Oct 28
Last Checked: Oct 28 at 3:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Curran & Oberski
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,100-square-foot retail space was built in 1997. It is located at 22265 Goddard S in Taylor, Michigan, and parking is available. Established businesses operate nearby, and the space is available for immediate occupancy.
Key Highlights
- 1,100 square feet of retail space
- Built in 1997
- Parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,423
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,460
$208.5K
Cap Rate 7%
$148,900
$148.9K
Cap Rate 9%
$115,811
$115.8K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$15.8K $14.40/SF
− Vacancy
−$950 −$0.86/SF
EGI
$14.9K $13.54/SF
− OpEx
−$4.5K −$4.06/SF
NOI
$10.4K $9.48/SF
Area
Wayne County, MI
Vacancy
6.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,460
Cap Rate 7%
$148,900
Cap Rate 9%
$115,811
Alternative Uses
Best Use
Retail
$148.9K
$130.3K – $173.7K
NOI $10,423 @ 7.0% cap · market cap 579.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$203.7K
$178.2K – $237.6K
NOI $14,256 @ 7.0% cap · market cap 792.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Beauty & Spa 6%
Dining 5%
Dollar Tree
Shops & Services
16,051 visits/mo
0.1 miles
SVS Vision
Shops & Services
1,835 visits/mo
0.2 miles
Great Clips
Beauty & Spa
1,312 visits/mo
0.2 miles
Little Caesars Pizza
Dining
542 visits/mo
0.1 miles
Jet's Pizza
Dining
542 visits/mo
0.2 miles
Demographics for 48180, MI
63,409
Population
26,741
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
23.6 sq mi
ZIP Area
2,687
Density / Sq Mi
$59,537
Median Household Income
$40,090
Median Earnings
$1,036
Median Rent
$141,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The space can accommodate commercial, retail, or service uses.
Where is this retail space located?
The property is located at 22265 Goddard S Taylor, MI.
What are key features of this property?
This property features: 1,100 square feet of retail space; Built in 1997; Parking available
