Financial
Distress signals
Property profile

2938 Biddle Ave Wyandotte, MI 48192

OFF-MARKET
Retail space
Property ID
US43-0346063
10,576 SF 0.1 ac lot
Last sale Mar 2024 · $819,200
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in downtown Wyandotte, the property includes former restaurant and retail/office space. It is configured to support food-related uses and related storefront concepts such as a café, bakery, or similar service business, and also includes former retail/office areas. The building has a second, back entrance accessible from First Street. One portion of the property is a 933-square-foot restaurant space located at 2919 First Street.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$261k
Effective rate2.85%

Value estimate

· Sep 2026
$820k
$738k – $902k
AI approach$820k
Sales comparison$669k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$44 – $97

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.1
Smoke and Vape Shop9.2
Wholesale Shop9.1

Location

2938 Biddle Ave Wyandotte, MI 48192-5214
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2154 Eureka, Wyandotte, MI 48192-6017 $385,000 Mar 2025 13,992 SF
2955 Biddle, Wyandotte, MI 48192-5231 $825,000 Nov 2024 11,790 SF
471 Biddle, Wyandotte, MI 48192-2703 $250,000 Jul 2024 5,242 SF
1266 Eureka, Wyandotte, MI 48192-6101 $400,000 Sep 2023 4,596 SF
988 Vinewood, Wyandotte, MI 48192-4935 $90,000 Nov 2022 7,118 SF
2959 Biddle, Wyandotte, MI 48192-5213 $600,000 Oct 2021 7,668 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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