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    2708 Newburgh Rd Westland, MI 48186

    Sponsored
    For Sale
    $144,900

    Prime 1-acre commercial lot, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional offering presents four contiguous parcels of vacant commercial land, totaling approximately one acre, situated at 2708 S Newburgh Rd, Westland, MI 48186. The property is zoned CB-1, a low-intensity commercial business district, allowing for a diverse range of development options. Permitted uses include a wide variety of retail establishments such as convenience stores, grocery stores, hardware stores, and personal service businesses like barber shops, dry cleaners, and tailor shops. Comparison commercial uses, including garden supply stores, appliance stores, and sporting goods stores, are also permitted. Furthermore, the CB-1 zoning allows for several special land uses, subject to the necessary approvals, including restaurants (with or without drive-throughs, subject to traffic studies), institutional uses such as schools and childcare centers, and, in accordance with Westland's ordinances, marijuana-related businesses. Accessory structures are permitted, subject to specific regulations outlined in the zoning code. This versatile property presents a significant opportunity for investors and developers seeking a strategic location in a thriving commercial area. The property's location offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. Detailed zoning information is available upon request. The asking price for this exceptional opportunity is $144,900.

    Property Features for 2708 Newburgh Rd

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • Four parcels of vacant commercial land totaling approximately one acre.
    • Located in Westland, MI, in a CB‑1 low‑intensity commercial business district.
    • Permitted uses include a wide variety of retail, personal service, and comparison commercial uses.
    • Special land uses, subject to approval, include restaurants, institutional uses, and marijuana‑related businesses (per local ordinances).
    • Asking price: $144,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Nail Café Nail Salon

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.40730395542
    Latitude
    42.289165648855

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot, ideal for various uses.
    Where is this land located?
    The property is located at 2708 Newburgh Rd Westland, MI.
    What is the asking price?
    The asking price for this property is $144,900.
    What are key features of this property?
    This property features: Four parcels of vacant commercial land totaling approximately one acre.; Located in Westland, MI, in a CB-1 low-intensity commercial business district.; Permitted uses include a wide variety of retail, personal service, and comparison commercial uses.
    (313) 888-7653
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    2708 Newburgh Rd Westland, MI 48186
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    Westland, MI 48186
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    Realmo Value Estimation

    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.

    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.

    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
    2708 Newburgh Rd Westland, MI 48186
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