Financial
Distress signals
Property profile

1475 S Newburgh Rd Westland, MI 48186

FOR SALE
Other automotive properties
Property ID
US43-1168293
11,800 SF 3.66 ac lot Built 1974
Last sale Aug 2019 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A multi-use industrial/commercial property in Westland, Michigan, sited on approximately 3.66 acres and configured as a commercial trucking and fleet services facility. The site includes a 10,500-square-foot warehouse area and a dedicated truck repair shop of approximately 4,000 square feet with about five semi-truck service bays. A truck spare parts store occupies approximately 7,000 square feet, supporting parts and service operations on the same premises. The facility has secured

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$44k
Tax billed · 2023
Assessed value · 2024$753k
Effective rate5.85%

Value estimate

· Sep 2026
$740k
$666k – $814k
Submarket $/SF estimate$1.90M
NOI build-up
Gross scheduled income$321k
Vacancy & credit loss−$19k
Operating expenses−$91k
NOI · 3.52% cap applied$211k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$56 – $161
Qualifying comparables5

Cap rate analysis

How does the asset earn?
3.52%
$211k 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 agency60.2
Restaurant49.0
Law Firm42.7

Location

1475 S Newburgh Rd Westland, MI 48186
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales 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

3 recorded sales · 16 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1347 Wayne, Westland, MI 48186-5437 $245,000 Feb 2025 1,804 SF
1685 Venoy, Westland, MI 48186-4837 $300,000 Apr 2022 1,440 SF
606 Wayne, Westland, MI 48186-4304 $200,000 Nov 2020 1,708 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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