Financial
Distress signals
Property profile

2121 Ford Ave Wyandotte, MI 48192

FOR SALE
Auto shops
Property ID
US43-1238159
7,755 SF 0.31 ac lot Built 1952
Last sale Apr 2025 · $528,062
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use commercial property, located at 2121 Ford Avenue in Wyandotte, Michigan, presents a lucrative investment opportunity. The building boasts a total of 7,755 square feet, currently operating at 100% occupancy, and is priced at $600,000, translating to $77.37 per square foot. Situated on a substantial 13,504 square foot lot, the property benefits from its prime location just east of Fort Street on busy Ford Avenue/Northline. The zoning is C-2, allowing for a variety of

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?
$11k
Tax billed · 2023
Assessed value · 2024$230k
Effective rate4.81%

Value estimate

· Sep 2026
$290k
$261k – $319k
NOI build-up
Gross scheduled income$60k
Vacancy & credit loss−$2k
Operating expenses−$17k
NOI · 6.69% cap applied$40k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$48 – $109
Qualifying comparables3

Cap rate analysis

How does the asset earn?
6.69%
$40k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.0
Gym & Fitness12.6
Daycare Center12.2

Location

2121 Ford Ave Wyandotte, MI 48192
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales 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
544 Biddle, Wyandotte, MI 48192-2714 $500,000 Aug 2022 4,355 SF
1732 Eureka, Wyandotte, MI 48192-6002 $157,000 Jul 2022 3,200 SF
3419 Ft, Wyandotte, MI 48192-6030 $350,000 May 2022 4,922 SF
2151 Frd, Wyandotte, MI 48192-2313 $185,000 Nov 2021 3,508 SF
1110 Mckinley, Wyandotte, MI 48192-3222 $157,000 Sep 2020 3,263 SF
2101 Ft, Wyandotte, MI 48192-3841 $125,000 Aug 2020 6,049 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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