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Property profile & analytics
OFF-MARKET Estimated value $935,000
Retail space

146 Venoy Rd Westland, MI 48186-4834

7,041 SF 0.89 ac lot Built 1995
Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1709509
Property summary
AI-generated overview

This exceptional 7,000-square-foot Class A free-standing building at 146 S. Venoy Rd., Westland, MI 48185, presents a unique leasing opportunity. Currently entirely vacant, this single-tenant property offers a versatile layout perfectly suited for a variety of retail or commercial uses. The modern and well-maintained exterior complements a flexible interior space, ready for immediate occupancy. Ample on-site parking ensures convenience for both employees and clients. The building's strategic location provides excellent visibility from major thoroughfares, guaranteeing high traffic and exposure. This prime Westland location offers easy accessibility, making it an ideal choice for businesses seeking a prominent presence in a thriving commercial area. The property's design and location combine to create an environment conducive to business growth and success. This is a rare opportunity to secure a substantial, high-quality space in a desirable Westland location. The building's Class A designation reflects its superior construction and amenities, making it an attractive option for discerning businesses. Don't miss this chance to establish your business in a highly visible and accessible location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Total area 7,041 SF
Lot 0.89 ac (38,768 SF)
APN 56 066 01 0546 005
UPID US43-1709509
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$933k
Blend (final) Blend
$935k
Owner & transaction history
Hoogland Family Foundation · 13 yrs held
Hoogland Family Foundation
since 2013
1 recorded transaction
2013
$875,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.2M +55.8%
Office building $935,000 +24.0%
Auto repair, garage $775,000 +2.3%
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