Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    31501 Joy Rd Westland, MI 48185

    For Lease
    $11 SF/Yr

    Westland, MI Retail Center - 2,700 SF

    Lot size:
    32,208 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located at 31501 Joy Road in Westland, Michigan, 48185. The Joy & Merriman Retail Center offers a prime location at the corner of Joy Road and Merriman, boasting high visibility and excellent access. The property is a multi-tenant strip center with a total of 32,208 square feet. Currently, there is 2,700 square feet of vacant space available, ideal for a variety of retail uses. This space is divisible to a minimum of 1,000 square feet and can accommodate up to 1,700 contiguous square feet. The available space includes a built-out office area, adding significant value and convenience for potential tenants. The center enjoys strong existing tenancy, with established businesses such as CVS Pharmacy, Natural Nails, and Benny's Pizza already operating within the complex. This presents a fantastic opportunity to join a thriving retail environment in a high-traffic area. The property's strategic location and the inclusion of a ready-to-use office space make this an attractive proposition for businesses seeking immediate occupancy and a well-established commercial presence. The property is situated at 42.3534036 latitude and -83.3534755 longitude. Serious inquiries are encouraged to explore this promising retail investment.

    Property Features for 31501 Joy Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,208 SF
    Total Rate
    29524

    Unit(s) available at that property

    Space
    Space 21
    Size
    1,700 SF
    Rate per SF
    $11
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor CVS Drug Store CVS Pharmacy Pharmacy MoneyGram Money Transfer Service Coinhub Bitcoin ATM ... Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3534755
    Latitude
    42.3534036

    Nearby Similar for Lease

    • $2,300 /Mo
      1,500 SF

      Westland Retail/Office/Medical Space Available

      1500 sq ft retail/office/medical space for lease in Westland.
      36403 Warren Rd, Westland, MI 48185
      View Details
    • $4,000 /Mo
      3,600 SF

      Westland Commercial Building For Rent

      3,600 sq ft commercial building suitable for retail or office.
      34733 Warren Rd, Westland, MI 48185
      View Details
    • $2,300 /Mo
      1,712 SF

      Westland Commercial Space For Rent

      High-traffic location, remodeled, ready for occupancy, many possibilities.
      27506 Warren Rd, Westland, MI 48185
      View Details
    • $2,200 /Mo

      Luxurious Condo with Abundant Amenities

      Stunning 2-bedroom condo with access to extensive community amenities.
      45735 Graystone Ln, Canton Twp, MI 48187
      View Details
    • $1,900 /Mo
      1,331 SF

      Canton Office Space For Rent

      Well-maintained office suite with private entry and ample parking.
      5820 N Canton Center Rd, Canton, MI 48187
      View Details
    • $2,500 /Mo

      Move-In Ready 3-Bedroom Condo

      Beautiful end-unit condo with modern amenities and community features.
      45762 S Stonewood Rd, Canton, MI 48187
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Westland, MI Retail Center - 2,700 SF
    Where is this neighborhood center located?
    The property is located at 31501 Joy Rd Westland, MI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    Request Owner's contact information
    31501 Joy Rd Westland, MI 48185
    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.
    31501 Joy Rd
    Westland, MI 48185
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    31501 Joy Rd Westland, MI 48185
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.