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    37415 Cherry Hill Rd Westland, MI 48186

    Sponsored
    For Sale
    $398,900

    Versatile Commercial Space, Prime Westland Location

    Property size:
    2,562 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 2,562 square foot commercial building sits on a 0.58-acre lot in the desirable Westland, MI area. Its prime location offers unparalleled accessibility and visibility for a wide range of businesses. Previously utilized as a multi-purpose space, including a grocery store, retail shop, and venue for children's parties and fitness classes, this property demonstrates remarkable adaptability. The building's flexible layout and ample square footage provide significant opportunities for customization to suit diverse operational needs. The commercial-light industrial zoning allows for a variety of uses, including but not limited to office space, retail establishments, and light industrial operations. This presents a unique chance to acquire a well-situated property with a proven track record of successful commercial ventures. The building's history showcases its versatility and resilience, making it an attractive investment for entrepreneurs and established businesses alike. Its strategic location within Westland ensures high foot traffic and easy access to major transportation routes, maximizing exposure and convenience. The 0.58-acre lot offers ample parking and potential for future expansion or outdoor amenities. This is a rare opportunity to secure a versatile and well-positioned commercial property in a thriving Westland community. The asking price of $398,900 reflects the property's significant potential and prime location. Serious inquiries are encouraged.

    Property Features for 37415 Cherry Hill Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    2,562 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.40889
    Latitude
    42.30906

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    FAQs

    What type of property is this?
    Industrial property - Versatile Commercial Space, Prime Westland Location
    Where is this industrial property located?
    The property is located at 37415 Cherry Hill Rd Westland, MI.
    What is the asking price?
    The asking price for this property is $398,900.
    (734) 981-2900
    Request Owner's contact information
    37415 Cherry Hill Rd Westland, MI 48186
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    Westland, MI 48186
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    37415 Cherry Hill Rd Westland, MI 48186
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