0 Swc Merriman & Parkwood Westland, MI 48186
This 0.35-acre commercial land parcel is located at the southwest corner of Merriman Road and Parkwood Street in Westland, Michigan, Wayne County (APN: 068-03-0113-001). Zoned CB-1 Low Intensity Commercial Business, this property offers exceptional visibility and accessibility. Merriman Road boasts a high daily traffic count of 30,140 vehicles, providing significant exposure for any business. The corner location ensures easy ingress and egress, a key advantage for customers and deliveries. Situated just north of Palmer Road, this lot presents a prime opportunity for developers seeking a high-traffic location in a growing area. The asking price is $75,000. This property is ready for your vision, offering a strategic location for a variety of commercial ventures. The property's size and zoning make it suitable for a range of development possibilities. Don't miss this chance to acquire a valuable commercial land parcel in a desirable Westland location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.