Property profile

1234 Frd Ave Wyandotte, MI 48192

OFF-MARKET
Investment properties
Property ID
US43-4959699
8,721 SF 0.29 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 1234 Ford Ave, Wyandotte, MI 48192, offers a rare opportunity to acquire prime executive office space. Located in Wayne County's thriving B-1 Neighborhood Business District, this building boasts a total of 8,721 square feet, with 1,850 square feet currently vacant and available for immediate occupancy. The property is zoned B-1, allowing for a variety of commercial uses. Multiple tenancy options are available, with suites ranging from a minimum of 725 square feet to a maximum contiguous space of 1,125 square feet, providing flexibility for businesses of various sizes. The building features 14 convenient parking spaces for tenants and clients. The property's address is 1234 Ford Ave, and its APN is 57 006 05 0120 000. This is a fantastic opportunity to establish or expand your business in a vibrant and accessible location. The property is currently offered for sale. This is a retail and office space, specifically categorized as executive office and commercial. The property is ideal for businesses seeking a well-located, versatile, and modern workspace in the heart of Wyandotte.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Total area 8,721 SF
Lot 0.29 ac (12,632 SF)
APN 57 006 05 0120 000
UPID US43-4959699

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice

Location

1234 Frd Ave Wyandotte, MI 48192-3893
Wyandotte metro Census 580400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$660k
Blend (final) Blend
$340k

Owner & transaction history

since 2023
5 recorded transactions
2023
$101,500
2023
Price N/A
2023
$61,000
2020
Price N/A
2015
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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