Technical
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
Entity Owned Absentee Owner Free & Clear
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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 self-storage units. This versatile layout offers significant potential for increased revenue streams. The property's eight grade-level doors further enhance operational efficiency. The assessed property tax is $16,276 annually. The asking price for this well-located industrial property is $1,750,000. The property's APN is 57-004-18-0007-001, 57-004-16-0028-000. This is a rare opportunity to acquire a well-established warehouse with significant upside potential in a desirable industrial area of Wayne County. The property's existing mix of uses and ample space provide a solid foundation for future growth and profitability. This is a new-to-market listing.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 54,188 SF
Lot 2.08 ac (90,605 SF)
APN 57 004 18 0007 001
UPID US43-1238261

Cap rate & NOI

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

Location

341 Goddard Rd Wyandotte, MI 48192
Wyandotte metro Census 580100 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
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2026
Last sale
$275,000
1 recorded transaction
2026
$1.4M

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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