Financial
Distress signals
Property profile

2300 Ford Ave Wyandotte, MI 48192

FOR SALE
Other investment properties
Property ID
US43-1031398
3,484 SF 0.06 ac lot Built 1955
Last sale Feb 1998 · $120,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 2300 Ford Avenue in Wyandotte, this 3,484-square-foot, two-story mixed-use building was constructed in 1955 and is configured to combine commercial and residential uses. The ground floor is arranged for retail or other commercial occupancy, while the upper level contains a 2-bedroom, 1-bath apartment. The property features an attached 1-car garage and three surface parking spaces accessed from the rear alley, and it has street-facing frontage along Ford Avenue for commercial…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$4k
Tax billed · 2023
Assessed value · 2024$92k
Effective rate4.66%

Value estimate

· Sep 2026
$275k
$248k – $303k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 3.43% cap applied$12k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$122/SF
Submarket average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$50 – $234
Qualifying comparables12

Cap rate analysis

How does the asset earn?
3.43%
$12k 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 agency36.4
Law Firm21.2
Gym & Fitness16.5

Location

2300 Ford Ave Wyandotte, MI 48192
County assessor Recorded deeds · not on file 12 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2848 Biddle, Wyandotte, MI 48192-5212 $145,000 May 2025 2,676 SF
3017 Biddle, Wyandotte, MI 48192-5901 $446,250 Sep 2024 4,368 SF
2934 Biddle, Wyandotte, MI 48192-5214 $819,200 Mar 2024 3,500 SF
2711 Ft, Wyandotte, MI 48192-4820 $100,000 Jul 2022 3,100 SF
2101 Frd, Wyandotte, MI 48192-2313 $189,000 Jul 2022 3,970 SF
2945 Biddle, Wyandotte, MI 48192-5213 $325,000 May 2021 3,393 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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