Medical Office
35337 Warren Rd Westland, MI 48185
For Sale
$550,000
Well-kept medical office building with three medical suites and private check-in areas.
Property Size3,486 SF
Price / SF$157.77
Days on Market45
Property Features for 35337 Warren Rd
General Information
Standard status
Active
Size
3,486 SF
Listing Agency:
My Realty LLC
(248) 207-6307
Listed By:
Joseph Manuel · License #6501302689
(248) 207-6307
Source:
Exprealty
Added: Jun 15
Changed: Jul 28
Last Checked: Jul 28 at 6:06AM
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 My Realty LLC
Investment Insights
Based on property information with market context.
This for-sale medical office building is a clean, well-kept facility configured with three medical offices. Each suite includes a private check-in area, supporting patient intake and maintaining separation between exam space and reception functions. The building also offers rear parking for convenient access.
The property is located at 35337 Warren Rd in Westland, directly across from Westland Mall, Target, and other businesses. That positioning places it among an established commercial retail environment.
For tenants or investors considering medical or office use, the current layout provides multiple independent suites within a single building, with dedicated check-in space for each office.
The property is located at 35337 Warren Rd in Westland, directly across from Westland Mall, Target, and other businesses. That positioning places it among an established commercial retail environment.
For tenants or investors considering medical or office use, the current layout provides multiple independent suites within a single building, with dedicated check-in space for each office.
Key Highlights
- Well‑kept medical office building with 3 medical suites
- Each office includes a private check‑in area
- Spacious parking in the rear of the building
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.9k | $20.04 |
| − Vacancy | −$8.7k | −$2.49 |
| EGI | $61.2k | $17.55 |
| − OpEx | −$24.5k | −$7.02 |
| NOI | $36.7k | $10.53 |
3,486 SF · lease $20.04/SF/yr · vacancy 12.42% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$524.4K
$458.9K – $611.8K
NOI $36,710 @ 7.0% cap · market cap 6.67%
Second Best
Office B
$171.4K
$150.0K – $200.0K
NOI $12,001 @ 7.0% cap · market cap 2.18%
Theoretical Best
Specialty Retail
$645.4K
$564.7K – $753.0K
NOI $45,179 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Well-kept medical office building with three medical suites and private check-in areas.
Where is this medical center located?
The property is located at 35337 Warren Rd Westland, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Well‑kept medical office building with 3 medical suites; Each office includes a private check‑in area; Spacious parking in the rear of the building
