Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2070 Biddle Ave Wyandotte, MI 48192

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New Class A Office, 2,000-30,000 SF

    Lot size:
    30,000 SF

    Property Features for 2070 Biddle Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Class
    A

    Building Details

    Buildings
    1
    Stories
    2

    Spaces For Lease

    at 2070 Biddle Ave, Wyandotte, MI 48192 Contact us

    We can help!

    Listing Contact
    Justin Gaffrey
    Justin Gaffrey

    Listing Agency: Signature Associates Listing Agent: Justin Gaffrey

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

    Learn more

    Property Insight Report

    Overview

    This exceptional newly constructed, two-story Class A office building, totaling 30,000 square feet, is ideally situated in Wayne County, Michigan, at 2070 Biddle Avenue. Scheduled for completion in Fall 2023, this property offers flexible space options, ranging from a minimum of 2,000 contiguous square feet to the entire 30,000 square feet. Currently, the entire building is available for lease. The building's zoning is PD (Plan Development District), providing versatility for various business types. Its proximity to Henry Ford Wyandotte Hospital makes it particularly well-suited for medical practices or related businesses. The building boasts ample parking with 185 spaces available for tenants and their clients. The property features a modern design and high-quality finishes, reflecting its Class A designation. The lease rate is $22.00 per square foot, NNN. The property's parcel number is 57-010-01-0001-001. This is a unique opportunity to secure a brand-new, state-of-the-art office space in a desirable location with excellent accessibility and ample parking. Contact us today to learn more about leasing opportunities and to schedule a viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wyandotte
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1506923
    Latitude
    42.213271

    Nearby Similar for Lease

    • $1,600 /Mo
      1,500 SF

      Wyandotte Commercial Space For Lease

      Prime commercial space with excellent visibility and signage opportunities.
      884 Ford Ave, Wyandotte, MI 48192
      View Details
    • $2,000 /Mo
      3,368 SF

      Wyandotte Retail Space for Rent

      Retail property in Wyandotte, MI, with 3368 square feet.
      2909 Biddle Ave, Wyandotte, MI 48192
      View Details
    • $2,800 /Mo

      Downtown Wyandotte Office Space Available

      Office space for rent in thriving Downtown Wyandotte location.
      3540 Biddle Ave, Wyandotte, MI 48192
      View Details
    • $1,500 /Mo

      Commercial Space in Wyandotte, MI

      Bright, spacious 800 sq. ft. commercial space for rent.
      3171 Ft St, Wyandotte, MI 48192
      View Details
    • Contact for pricing
      2,793 SF

      Medical/Office Building on Ford Avenue

      Medical/office building with exam rooms near hospitals for lease/sale.
      1623 Frd Ave, Wyandotte, MI
      View Details
    • $275,000
      3,300 SF

      Retail Building Available for Lease

      3,300 SF retail building in a great location.
      1918 Frd Ave, Wyandotte, MI
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Downtown Wyandotte

      Retail space in downtown Wyandotte with high visibility.
      340 Eureka Rd, Wyandotte, MI
      View Details
    • Contact for pricing
      2,554 SF

      Medical/Office Space Near Hospital

      Attractive medical/office space available for lease near Henry Ford Hospital.
      1638 Eureka, Wyandotte, MI 48192
      View Details
    • Contact for pricing
      8,418 SF

      Retail Space in Eureka Plaza

      Retail space for lease in downtown Wyandotte's Eureka Plaza.
      330-360 Eureka Rd, Wyandotte, MI 48192
      View Details
    • Contact for pricing

      Eureka Road Office Space

      Office spaces available for rent on Eureka Road.
      330-360 Eureka Rd, Wyandotte, MI 48192
      View Details
    • Contact for pricing

      Office Space Available for Rent

      Office space for rent at 3620 Biddle Ave, Wyandotte.
      3620 Biddle Ave, Wyandotte, MI 48192
      View Details
    • Contact for pricing

      Wyandotte Commercial Property for Rent

      Commercial property available for rent in Wyandotte, Michigan.
      3351-3363 Eureka Rd, Wyandotte, MI 48192
      View Details

    FAQs

    What type of property is this?
    Medical office - New Class A Office, 2,000-30,000 SF
    Where is this medical office located?
    The property is located at 2070 Biddle Ave Wyandotte, MI.
    What are key features of this property?
    This property features: Class A, 30,000 SF office building in Wayne County.; Multiple tenancy available, with spaces ranging from 2,000 to 30,000 contiguous SF.; Entire 30,000 SF building is currently vacant.
    (248) 799-3143 Call to check price and availability
    Request Owner's contact information
    2070 Biddle Ave Wyandotte, MI 48192
    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.
    2070 Biddle Ave
    Wyandotte, MI 48192
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2070 Biddle Ave Wyandotte, MI 48192
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Justin Gaffrey
    Justin Gaffrey
    Real Estate License ID: 6501317055
    (248) 799-3143 (734) 341-9950 (248) 948-9000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!