Financial
Distress signals
Property profile

36510 Goddard Rd Romulus, MI 48174

OFF-MARKET
Office buildings
Property ID
US43-5133814
4,570 SF 0.14 ac lot
Last sale Jul 2004 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. 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 downtown Romulus, Michigan mixed-use property dates to the 1900s and includes multiple commercial and residential spaces. It has flexible commercial space on the main level and residential use on the upper level, consisting of two apartment units plus a spacious loft configured as an additional potential living space or studio. Interior features include exposed brick and period architectural character. On-site parking includes six private spaces along the side of the building and

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?
$6k
Tax billed · 2023
Assessed value · 2024$112k
Effective rate5.40%

Value estimate

· Sep 2026
$205k
$185k – $226k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 473 recorded sales of this use type
Observed band · Q1–Q3$47 – $153
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD-2
The Downtown District is intended to create a pedestrian oriented destination that offers entertainment, shopping, employment, housing, a...
General categoryCOMMERCIAL
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 agency19.0
Restaurant13.0
Hair Salon12.2

Location

36510 Goddard Rd Romulus, MI 48174-1279
County assessor Recorded deeds · not on file 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14400 Inkster, Romulus, MI 48174-2875 $600,000 Feb 2025 2,646 SF
36830 Goddard, Romulus, MI 48174-1252 $210,000 Feb 2022 5,358 SF
6971 Merriman, Romulus, MI 48174-1913 $145,000 Jun 2021 3,248 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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