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    OFF-MARKET
    Retail properties & Spaces

    35115 Warren Rd, Westland, MI 48185

    7,500 SF 0.68 ac lot Built 1989
    Property ID
    Property summary
    AI-generated overview

    This 7-unit retail strip center, located at 35115 Warren Rd in Westland, Michigan, presents a compelling investment or user opportunity. The property, built in 1989, boasts 7,500 square feet of retail space, priced at $130 per square foot, totaling an asking price of $975,000. Situated on a 0.68-acre lot with ample parking (52 spaces, a ratio of 6.53 spaces per 1,000 square feet), this Class C property benefits from its prime location on Westland's main retail corridor. The property is zoned CB-3 - General Commercial Business, allowing for a variety of uses. Its proximity to national, regional, and local retailers ensures high visibility and foot traffic. The property's Assessed Parcel Number (APN) is 56-034-01-0008-300. This well-positioned retail center offers significant potential for value-add improvements or immediate occupancy. The property's strong location and existing tenant base make it an attractive investment for both experienced and emerging investors seeking a stable, income-producing asset in a thriving retail market. The property is located in Wayne County, Michigan, with a zip code of 48185.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1989
    Total area 7,500 SF
    Lot 0.68 ac (29,621 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sameer Ahmed Physician
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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