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Medical Office Portfolio
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35150-35360 Nankin Blvd., Westland, MI 48185

Office and medical space spread across seven buildings with ample surface parking and flexible layouts.

Property Size1,475 SF
Price / SF$0.01
Days on Market338

Property Features for 35150-35360 Nankin Blvd.

General Information

Standard status Active
Size 1,475 SF
Property subtype Office
Zoning CB-2

Additional Details

Highway Access Yes

Building Details

Building Size 1,475 SF
Listing Agency: NAI Farbman
Listed By: Brad Margolis · License #6501371948
Source: Cpix.resimplifi
Added: Nov 16, 2025 Changed: Oct 12 Last Checked: Oct 19 at 3:25AM

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 NAI Farbman

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office and medical space portfolio consists of seven buildings totaling 42,111 SF. The properties are described as well maintained and offer flexible layouts designed to support professional office and medical uses.

The portfolio is located in the Westlands commercial district in Westland, MI, with ample surface parking and easy access for clients and patients. It is also positioned minutes from I-275, I-96, and the Ford Road retail corridor.

Offered for sale as a multi-building asset, the configuration provides an owner-user or investor the ability to manage multiple buildings within a single offering.

Key Highlights

  • 42,111 SF office/medical space across seven buildings
  • Well‑maintained buildings with flexible layouts for medical, dental, or professional use
  • Ample surface parking with easy client and patient access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,078
Suggested Prices Based on Cap Rates
Cap Rate 5%
$101,560 $101.6K
Cap Rate 7%
$72,543 $72.5K
Cap Rate 9%
$56,422 $56.4K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$8.9K $6.00/SF
− Vacancy
−$2.1K −$1.41/SF
EGI
$6.8K $4.59/SF
− OpEx
−$1.7K −$1.15/SF
NOI
$5.1K $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%
$101,560
Cap Rate 7%
$72,543
Cap Rate 9%
$56,422

Alternative Uses

Best Use
Healthcare Medical
$221.9K
$194.2K – $258.9K (±1% cap)
NOI $15,533 @ 7.0% cap · market cap 103,553.33%
Second Best
Office B
$72.5K
$63.5K – $84.6K (±1% cap)
NOI $5,078 @ 7.0% cap · market cap 33,853.33%
Theoretical Best
Specialty Retail
$273.1K
$239.0K – $318.6K (±1% cap)
NOI $19,116 @ 7.0% cap · market cap 127,440.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Big Box & Wholesale Store Building Supply Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby

Demographics for 48185, MI

49,730
Population
23,554
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
91%
High-School Grad
12.2 sq mi
ZIP Area
4,076
Density / Sq Mi
$59,085
Median Household Income
$40,435
Median Earnings
$1,123
Median Rent
$183,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office and medical space spread across seven buildings with ample surface parking and flexible layouts.
Where is this office building located?
The property is located at 35150-35360 Nankin Blvd. Westland, MI.
What are key features of this property?
This property features: 42,111 SF office/medical space across seven buildings; Well‑maintained buildings with flexible layouts for medical, dental, or professional use; Ample surface parking with easy client and patient access
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