Flex Building with Showroom
36050 Goddard Rd, Romulus, MI 48174
For Sale
$379,000
Flex showroom and office space with warehouse/garage improvements, including multiple bathrooms and an oversized heated garage.
Property Size2,604 SF
Price / SF$145.55
Days on Market338
Property Features for 36050 Goddard Rd
General Information
Standard status
Size
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Listing Agency:
EXP Realty
(888) 778-3172
Listed By:
Cornelia Stoian · License #6501425650
(248) 755-1821
Source:
Exprealty
Added: Dec 7, 2025
Changed: Nov 5
Last Checked: Nov 8 at 7:32AM
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 EXP Realty
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Investment Insights
Based on property information with market context.
This flex-style commercial building combines a showroom and large office space with additional upper-level room(s) and storage throughout. The warehouse/garage area includes one full bath and one half bath, plus enclosed storage beneath an available loft space. An oversized garage with a large door is supported by gas heating and an exhaust fan, providing functional options for light industrial and service-oriented users.
Located at 36050 Goddard Rd in Romulus, the property features a front digital sign for business advertising and a newly paved parking lot. The building offers plenty of parking and easy access to I-94, with shopping and Metro Airport just minutes away.
The layout is well suited for tenants or owners looking to combine customer-facing space with back-of-house storage and vehicle or equipment access. With showroom/office space alongside a heated, oversized garage and on-site enclosed storage, the building supports a variety of mixed-use operations that benefit from both visibility and practical operational space.
Located at 36050 Goddard Rd in Romulus, the property features a front digital sign for business advertising and a newly paved parking lot. The building offers plenty of parking and easy access to I-94, with shopping and Metro Airport just minutes away.
The layout is well suited for tenants or owners looking to combine customer-facing space with back-of-house storage and vehicle or equipment access. With showroom/office space alongside a heated, oversized garage and on-site enclosed storage, the building supports a variety of mixed-use operations that benefit from both visibility and practical operational space.
Key Highlights
- Flex commercial building in Romulus with showroom/large office space and an upper‑level area
- Warehouse/garage includes 1 full bath and 1 half bath plus enclosed storage beneath loft storage
- Oversized heated garage with oversized door and gas heating with an exhaust fan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,430
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,600
$328.6K
Cap Rate 7%
$234,714
$234.7K
Cap Rate 9%
$182,556
$182.6K
Market Conditions
NOI Build-Up for 2,604 SF
Gross rent
$26.2K $10.08/SF
− Vacancy
−$971 −$0.37/SF
EGI
$25.3K $9.71/SF
− OpEx
−$8.8K −$3.40/SF
NOI
$16.4K $6.31/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,600
Cap Rate 7%
$234,714
Cap Rate 9%
$182,556
Alternative Uses
Best Use
Flex RnD
$234.7K
$205.4K – $273.8K
NOI $16,430 @ 7.0% cap · market cap 4.34%
Second Best
Warehouse
$233.9K
$204.6K – $272.8K
NOI $16,370 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$482.1K
$421.9K – $562.5K
NOI $33,748 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48174, MI
33,683
Population
13,124
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
826
Density / Sq Mi
$65,675
Median Household Income
$41,186
Median Earnings
$1,053
Median Rent
$151,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Wayne County, MI
Properties on Market for Flex space in Wayne County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- George Delallo Co Inc — 11895 Wayne Rd # 105, Romulus, MI 48174
- JESS RITE Soul FOOD Catering — 10111 Diane Dr, Romulus, MI 48174
Frequently Asked Questions
What type of property is this?
Flex space - Flex showroom and office space with warehouse/garage improvements, including multiple bathrooms and an oversized heated garage.
Where is this flex space located?
The property is located at 36050 Goddard Rd Romulus, MI.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Flex commercial building in Romulus with showroom/large office space and an upper‑level area; Warehouse/garage includes 1 full bath and 1 half bath plus enclosed storage beneath loft storage; Oversized heated garage with oversized door and gas heating with an exhaust fan
