Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Industrial Land Available For Sale Title is generated by Realmo AI

    5901 Commerce Drive, Westland, MI 48185

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.03 acre industrial land for sale or build-to-suit.

    Type:Land
    Property size:
    1 SF
    Added:
    Nov 21, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 5 at 10:48 pm

    Property Features for 5901 Commerce Drive

    General Information

    Standard status
    Active
    Size
    1 SF
    Property subtype
    Land

    We can help!

    Listing Contact
    Dan Callaway
    Dan Callaway

    Listing agent Dan Callaway

    Listing office NAI Farbman - Corporate

    Listing date Nov 21, 2025

    Source Naiglobal

    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 - Corporate

    HighLights

    • Excellent Access to I‑275 and Ford Road
    • 1.03 Acre Site Size
    • Up to 18,000 SF Possible
    • I‑1 Light Industrial Zoning
    • Located in an Industrial Park
    • For Lease or Build To Suit

    Overview

    This 1.03-acre industrial land is available for sale or build-to-suit. The site allows for up to 18,000 square feet of construction. It is zoned I-1 Light Industrial and is located in an industrial park. The property offers excellent access to I-275 and Ford Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon 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
    -83.4241
    Latitude
    42.327

    Nearby Similar for Sale

    • $599,999
      1,610 SF

      Turnkey Eatery in Wayne County

      Profitable, established Beyond Juicery + Eatery franchise in Westland, MI.
      9999 Middlebelt, Westland, MI 48185
      View Details
    • $800,000

      Prime Land in Westland, MI

      Half-acre commercial land at a busy intersection in Westland.
      37390 CHERRY HILL Road, Westland, MI 48185
      View Details
    • $8,200,000
      22,300 SF

      Turnkey Truck Terminal and Repair

      Multi-income commercial trucking facility with warehouse and repair shop.
      1475 S Newburgh Road, Westland, MI 48186
      View Details
    • $695,000
      5,487 SF

      Retail/Office Location on 1.29 Acres

      Retail or office location with 43 parking spaces.
      7957 N Wayne Rd, Westland, MI 48185
      View Details
    • $425,000
      2,718 SF

      Bakery Ready for New Owner

      Prime location with high visibility and equipped kitchen.
      844 N WAYNE Road, Westland City, MI 48185
      View Details
    • $675,000

      Westland Religious Facility For Sale

      Religious facility on 0.77 acres suitable for alternative uses.
      32747 Grand Traverse St, Westland, MI 48186
      View Details
    • $225,000

      Westland Duplex with Tenant

      Duplex in Westland, one unit vacant, one tenant-occupied.
      31546 Alpena Court, Westland, MI 48186
      View Details
    • $40,000
      440 SF

      Westland Land with Existing Garage

      Vacant land with garage, ready to build in Westland.
      8471 Fremont Street, Westland, MI 48185
      View Details
    • $150,000

      Redevelopment Opportunity Near Freeway

      0.8-acre site ideal for redevelopment or adaptive reuse.
      28705 Joy Rd, Westland, MI 48185
      View Details
    • $1,800,000

      Commercial

      7345 N Middlebelt Rd, Westland, MI 48185
      View Details
    • $695,000
      3,094 SF

      Industrial Property with Office Conversion

      3,094 SF industrial property on 2.08 acres for sale.
      37667 Cherry Hill Rd, Westland, MI 48186
      View Details
    • $284,900

      Turn-Key Two-Unit Income Property

      Well-maintained, remodeled two-unit property in a prime location.
      1774 N Carlson St, Westland, MI 48185
      View Details

    FAQs

    What type of property is this?
    Land - 1.03 acre industrial land for sale or build-to-suit.
    Where is this land located?
    The property is located at 5901 Commerce Drive Westland, MI.
    What are key features of this property?
    This property features: Excellent Access to I‑275 and Ford Road; 1.03 Acre Site Size; Up to 18,000 SF Possible
    (313) 202-2243
    We can help!
    Listing Contact
    Dan Callaway
    Dan Callaway
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5901 Commerce Drive, Westland , MI 48185
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!