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Property profile & analytics

2514 Biddle Ave Wyandotte, MI 48192

  • Office buildings
  • 2,100 SF
  • 0.09 lot acres
Value Estimation
Last Sale
Oct 20, 2022
$80,000
Location Intelligence
Property ID
US43-1348109
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 2514 Biddle Ave

Year built
1950
Lot size
0.09 lot acres
Property size
2,100 SF
Property type
Office buildings
APN
57 010 17 0005 004
APU
57010170005004

Description

This exceptional investment opportunity presents a fully leased, multi-tenant medical office building located at 2514 Biddle Ave, Wyandotte, MI 48192. The property boasts a total of 2,100 square feet, with 1,050 square feet of net rentable space, currently generating a strong return. The building, constructed in 1950 and renovated in 2010, is classified as Class C and sits on a 0.09-acre lot. Conveniently located across from Henry Ford Hospital and just north of downtown Wyandotte, this property benefits from high visibility and excellent access to a thriving medical community. The building features four parking spaces for tenants and staff. The asking price is $249,000, translating to $118.57 per square foot. The property is zoned PD, offering flexibility for future development or expansion. This is a rare chance to acquire a well-maintained, income-producing medical office building in a prime location. The strong tenant occupancy and strategic location make this an attractive investment for discerning buyers seeking a stable and profitable asset in the growing Wyandotte market. The building's history of successful tenancy and its proximity to major medical facilities further enhance its investment potential. This property offers a compelling combination of location, income, and potential for future growth.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $95,000
  • CAP approach

    CAP return
    Estimation
    6%
    $110,000
    6.5%
    $115,000
    7%
    $115,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $95,000
    Geo Method
    $100,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $95,000
    Retail
    $125,000
    Mixed-Use
    $105,000
    Hospitality
    $100,000
    Educational
    $105,000
    Residential Income
    $100,000
    Energy
    $115,000
    Income-Based Land
    $125,000
    Food Service
    $120,000

Location Insight

  • Map
  • Local Demand
City
Wyandotte
County
Wayne
State
Michigan
Longitude
-83.1489
Latitude
42.2084
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,106
$0.00
$0.00
$62,000
-
$0.00
$0.00
$124,000
More about this property
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