Property profile

31162 Warren Rd Westland, MI 48185

FOR LEASE
Strip malls
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Property ID
US43-1791611
36,891 SF 4.54 ac Built 1962
Last sale Feb 2021·$1,000,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
31162 Warren Rd, Westland, MI 48185 For Lease
$900/Mo 28,000 SF available
31162 Warren Rd, Westland, MI 48185
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value · 2024$795k
Effective rate4.51%

Value estimate

· Nov 2026
$1.01M
$905k – $1.11M
Submarket $/SF estimate$1.85M
NOI build-up
Gross scheduled income$403k
Vacancy & credit loss−$24k
Operating expenses−$114k
NOI$265k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$48 – $108

Cap rate analysis

How does the asset earn?
$265k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency71.1
Restaurant58.2
Law Firm46.6

Location

31162 Warren Rd Westland, MI 48185
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31501 Joy, Westland, MI 48185-1641 $2,275,000 Mar 2025 32,368 SF
1900 Wayne, Westland, MI 48185-3560 $800,000 Nov 2024 11,000 SF
35160 Central City, Westland, MI 48185-6215 $5,271,000 Jul 2024 19,908 SF
35571 Central City, Westland, MI 48185-6746 $1,000,000 Jun 2024 14,088 SF
8631 Newburgh, Westland, MI 48185-1147 $1,400,000 Apr 2023 11,606 SF
35700 Warren, Westland, MI 48185-3808 $1,100,000 Jan 2023 32,550 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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