6006 Wayne Rd Westland, MI 48185-7129
- Strip malls
- 35,200 SF
- 3.97 lot acres
Current Use by Public Records
- Strip malls
Property Details for 6006 Wayne Rd
- Year built
- 1980
- Lot size
- 3.97 lot acres
- Property size
- 35,200 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 56 035 04 0018 004
- APU
- 56035040018004
Description
Westview Plaza offers a prime 1,600 square foot retail space for lease in the thriving Westland, Michigan market. Located at Wayne Rd. just north of Ford Rd., this single-tenant space is part of a larger 35,260 square foot neighborhood shopping center built in 1979. The property sits on 3.97 acres of land and boasts ample parking with 228 spaces available for customers and employees. Benefit from the high visibility and accessibility afforded by its location in a high-traffic area, shadow anchored by established businesses such as O'Reilly Auto Parts, H&R Block, and Family Dollar. The building is a single-story structure zoned CB 3, providing a convenient and accessible retail environment. This opportunity presents a strong potential for businesses seeking a well-located space within a busy commercial center in the Westland submarket. The property's existing infrastructure and prominent location offer immediate access to a substantial customer base. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,595,000
- 6.5%
- $4,110,000
- 7%
- $3,900,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,920,000
- Geo Method
- $4,555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,000,000
- Retail
- $3,710,000
- Mixed-Use
- $3,975,000
- Hospitality
- $4,145,000
- Educational
- $3,620,000
- Residential Income
- $4,170,000
- Energy
- $4,115,000
- Income-Based Land
- $3,835,000
- Food Service
- $3,965,000
Location Insight
- Map
- Local Demand
- City
- Westland
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3868
- Latitude
- 42.3287
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
