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Financial
Distress signals
Property profile

36521 Goddard Rd Romulus, MI 48174

OFF-MARKET
Retail space
Property ID
US43-0348625
15,070 SF 0.57 ac lot Built 1957
Last sale Mar 2015 · $527,092
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 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

The property is a 14,890-square-foot building that was formerly operated as a food market. It provides a large interior area with substantial storage, and it includes a loading dock and a bay door to support deliveries and back-of-house operations. The building is configured with mixed-use potential and may be adaptable for different retail formats, including the possibility of being subdivided into smaller units. It is located in downtown Romulus on Goddard with visibility from a busy roadway…

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?
$23k
Tax billed · 2023
Assessed value · 2024$341k
Effective rate6.61%

Value estimate

· Oct 2026
$525k
$473k – $578k
Submarket $/SF estimate$884k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$48 – $117

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

36521 Goddard Rd Romulus, MI 48174-1232
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35335 Eureka, Romulus, MI 48174-3726 $5,100,000 May 2025 3,440 SF
12731 Huron Riv, Romulus, MI 48174-1286 $100,000 Nov 2024 6,363 SF
7130 Middlebelt, Romulus, MI 48174-2131 $18,971 Sep 2024 5,529 SF
37492 Huron Riv, Romulus, MI 48174-1121 $210,000 Nov 2023 3,844 SF
35445 Van Born, Romulus, MI 48174-1787 $1,775,000 Aug 2023 6,777 SF
36547 Goddard, Romulus, MI 48174-1232 $75,000 Jul 2021 3,264 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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