Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6721 Merriman Rd Garden City, MI 48135

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $279,900

    Versatile building with parking, new roof, suitable for various uses.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 24 at 8:04 pm

    Property Features for 6721 Merriman Rd

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    Sam Baydoun
    Sam Baydoun

    Listing agent Sam Baydoun License #6502388087

    Listing office Century 21 Commercial Curran & Oberski | Dearborn Heights

    Listing date Apr 24, 2026

    Source Elliman

    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 Century 21 Commercial Curran & Oberski | Dearborn Heights

    Overview

    Free-Standing Brick Building For Sale

    This free-standing brick building offers excellent visibility and versatility. The property includes 17 on-site parking spaces. A new roof was installed in 2023 and comes with a transferable warranty. Currently operating as a social club, this property presents potential for a variety of uses, including a medical or professional office, retail space, or community facility. It is an opportunity for an owner-user or investor seeking a well-maintained, adaptable space. The location has a bike score of 49, indicating it is somewhat bikeable, and a walk score of 53, suggesting it is somewhat walkable.
    Location Intelligence

    Current Use by Public Records

    Model A Restorers Club Charitable Organization

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3511901
    Latitude
    42.3352872

    Nearby Similar for Sale

    • $125,000
      5,865 SF

      Established Cafe on Ford Road

      High-visibility cafe with strong reviews and franchise opportunity.
      29210 Ford Road, Garden City, MI 48135
      View Details
    • $1,150,000
      9,300 SF

      Warehouse and Office Building

      Warehouse and office building in Garden City, Michigan.
      32639 Industrial Rd, Garden City, MI 48135
      View Details
    • $525,000

      Retail Property on Ford Road

      Retail property for sale in a high-traffic Garden City location.
      33729 Ford Rd, Garden City, MI 48135
      View Details
    • $799,000
      11,504 SF

      Garden City Church For Sale

      11,504 SF church on 2.01 acres in Garden City.
      27500 Marquette St, Garden City, MI 48135
      View Details
    • $450,000

      Retail Gem on Ford Road

      Prime retail property in Garden City with high visibility.
      33775 Ford Rd, Garden City, MI 48135
      View Details
    • $1,900,000

      Approved Cannabis Opportunity For Sale

      Freestanding property with license and real estate included.
      5848 Hubbard St, Garden City, MI 48135
      View Details
    • $259,900
      1,848 SF

      Versatile Commercial Building For Sale

      Commercial building suitable for business, medical office, or retail.
      32940 CHERRY HILL Road, Garden City, MI 48135
      View Details
    • $1,900,000
      16,800 SF

      Vertical Cannabis Opportunity For Sale

      Freestanding M-1 Light Industrial property with license and real estate.
      5848 Hubbard St, Garden City, MI 48135
      View Details
    • Contact for pricing

      Garden City Town Center Retail

      Located on the busy corner of Ford and Middlebelt Roads.
      5838-5940 Middlebelt Road | Garden City, MI 48135
      View Details
    • $1,200,000
      6,100 SF

      Turn-Key Retail Plaza on Ford

      Updated 6100 SF retail space on high-traffic Ford Road.
      29916 Ford Rd, Garden City, MI 48135
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile building with parking, new roof, suitable for various uses.
    Where is this retail space located?
    The property is located at 6721 Merriman Rd Garden City, MI.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: Free‑standing brick building with excellent visibility; 17 on‑site parking spaces; New roof installed in 2023 with transferable warranty
    (313) 274-2316
    We can help!
    Listing Contact
    Sam Baydoun
    Sam Baydoun
    Real Estate License ID: 6502388087
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!