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Financial
Distress signals
Property profile

341 Goddard Rd Wyandotte, MI 48192

FOR SALE
Warehouses
Property ID
US43-1238261
54,188 SF 2.08 ac lot Built 1950
Last sale Feb 2026 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 54,168-square-foot warehouse facility in Wyandotte, Michigan, presents a compelling investment opportunity. Located at 341 Goddard, this single-story building, constructed in 1928, sits on a 2.28-acre lot and is zoned I-1 Industrial. The property boasts seven loading docks, providing efficient access for loading and unloading operations. The warehouse features a combination of open warehouse space, along with indoor and outdoor storage areas, including approximately 100…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value · 2024$357k
Effective rate4.56%

Value estimate

· Oct 2026
$305k
$275k – $336k
NOI build-up
Gross scheduled income$416k
Vacancy & credit loss−$15k
Operating expenses−$60k
NOI · 18.92% cap applied$341k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$41/SF
County average, outlier-cleaned · 292 recorded sales of this use type
Observed band · Q1–Q3$18 – $66

Cap rate analysis

How does the asset earn?
18.92%
$341k 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 agency33.7
Law Firm30.5
Dental Office28.0

Location

341 Goddard Rd Wyandotte, MI 48192
County assessor Recorded deeds · 2 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4088 7th, Wyandotte, MI 48192-7108 $142,900 Jul 2022 21,420 SF
4661 13th, Wyandotte, MI 48192-7006 $550,000 Sep 2021 21,685 SF
4459 13th, Wyandotte, MI 48192-7004 $450,000 Jul 2021 19,600 SF
4425 13th, Wyandotte, MI 48192-7004 $1,700,000 Mar 2021 44,731 SF
1336 Pennsylvania, Wyandotte, MI 48192-7036 $880,000 Jun 2020 18,390 SF
4450 13th, Wyandotte, MI 48192-7005 $350,000 Feb 2019 15,800 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
5 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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