Professional Office Unit with Private
For Sale
Contact for pricing
1678 S Merriman Road Suite A, Westland, MI 48186
Move-in-ready suite offers collaborative workspace, a reception area, private offices, restrooms, and available furnishings.
Property Size1,900 SF
Price / SF$0.01
Days on Market90
Property Features for 1678 S Merriman Road Suite A
General Information
Standard status
Active
Size
1,900 SF
Additional Details
Furnished
Yes
Office Units
1
Listing Agency:
Babylon Realty
Listed By:
Sajjad Qureshi
(248) 974-1447
Source:
Blueowlprop
Added: Jul 20
Changed: Oct 12
Last Checked: Oct 16 at 8:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Babylon Realty
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Investment Insights
Based on property information with market context.
Suite A is an approximately 1,900-square-foot office unit at 1678 S Merriman Road in Westland. The layout includes a reception and waiting area, multiple enclosed offices, two restrooms, and a contemporary shared workspace. Existing furnishings are available for separate purchase from the current tenant.
The suite is positioned within a shopping center at the Merriman Road and Palmer intersection, with on-site parking. Suite A may be combined with Suite B, an approximately 1,600-square-foot adjoining unit, creating approximately 3,500 square feet of contiguous office space.
The suite is positioned within a shopping center at the Merriman Road and Palmer intersection, with on-site parking. Suite A may be combined with Suite B, an approximately 1,600-square-foot adjoining unit, creating approximately 3,500 square feet of contiguous office space.
Key Highlights
- Approximately 1,900 sq. ft. in Suite A
- Multiple private offices with waiting and reception areas
- Two restrooms and a shared coworking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,541
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,820
$130.8K
Cap Rate 7%
$93,443
$93.4K
Cap Rate 9%
$72,678
$72.7K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$11.4K $6.00/SF
− Vacancy
−$2.7K −$1.41/SF
EGI
$8.7K $4.59/SF
− OpEx
−$2.2K −$1.15/SF
NOI
$6.5K $3.44/SF
Area
Wayne County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,820
Cap Rate 7%
$93,443
Cap Rate 9%
$72,678
Alternative Uses
Best Use
Office B
$93.4K
$81.8K – $109.0K
NOI $6,541 @ 7.0% cap · market cap 54,508.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$351.8K
$307.8K – $410.4K
NOI $24,624 @ 7.0% cap · market cap 205,200.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 48186, MI
35,690
Population
14,543
Households
2.5
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
8.3 sq mi
ZIP Area
4,300
Density / Sq Mi
$67,203
Median Household Income
$37,591
Median Earnings
$1,083
Median Rent
$167,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Move-in-ready suite offers collaborative workspace, a reception area, private offices, restrooms, and available furnishings.
Where is this office units located?
The property is located at 1678 S Merriman Road Suite A Westland, MI.
What are key features of this property?
This property features: Approximately 1,900 sq. ft. in Suite A; Multiple private offices with waiting and reception areas; Two restrooms and a shared coworking space
