1371 Inkster Rd Inkster, MI 48141
- Office buildings
- 9,035 SF
- 0.46 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1371 Inkster Rd
- Lot size
- 0.46 lot acres
- Property size
- 9,035 SF
- Property type
- Office buildings
- APN
- 44 018 01 0505 000
- APU
- 44018010505000
Description
This exceptional commercial property at 1371 Inkster Road, Inkster, MI, offers 9,035 square feet of versatile space on a 0.46-acre lot with 180 feet of road frontage and ample parking. Ideally located between Avondale St. and Michigan Ave., it boasts excellent visibility and accessibility. The building features a commercial kitchen, numerous private offices, and expansive open areas suitable for various uses. Recent upgrades include a new roof and updated furnaces. The property includes two multi-stall restrooms, a full bathroom with a shower, and two additional half bathrooms. Constructed with a sturdy slab foundation and brick exterior, the building offers forced-air heating and central air conditioning. Items remaining at closing are included. A robust security system is in place. Zoned for commercial use, this property is situated in the Wayne-Westland school district, near major transportation routes, and just 6 miles from the nearest airport. Previously used as office space, this building presents a significant opportunity for business expansion or relocation in Inkster's growing commercial market. The property's strong features and strategic location make it an ideal investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $435,000
- 7%
- $430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $500,000
- Mixed-Use
- $405,000
- Hospitality
- $455,000
- Educational
- $475,000
- Residential Income
- $425,000
- Energy
- $435,000
- Income-Based Land
- $390,000
- Food Service
- $475,000
Location Insight
- Map
- Local Demand
- City
- Inkster
- County
- Wayne
- State
- Michigan
- Longitude
- -83.31
- Latitude
- 42.3014
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA