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    1912 S Venoy Rd Westland, MI 48186

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    1912 S Venoy Rd Westland, MI 48186


    • Strip malls
    • 39,898 SF
    • 3.36 lot acres
    Retail Space in Westland Center For Lease
    $3,700,000

    Retail Space in Westland Center

    Neighborhood shopping center anchored by Palace Supermarket and Dollar General.

    1912 S Venoy Rd, Westland, MI 48186
    View Listing
    Property ID
    US43-1346523
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Westland Fish & Chicken Market / Restaurant

    Property Details for 1912 S Venoy Rd

    Year built
    1958
    Lot size
    3.36 lot acres
    Property size
    39,898 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    56 074 03 0009 301
    APU
    56074030009301

    Description

    This 15,000 square foot retail strip center, located at 1912 S Venoy Rd, Westland, MI 48186, presents a compelling investment opportunity. The property features multiple tenancies, with a minimum divisible space of 740 square feet and a maximum contiguous space of 2,540 square feet. Currently, 4,240 square feet of retail space is available for lease. The center enjoys a prime location in a thriving neighborhood, benefiting from strong anchor tenants including a Palace Supermarket and a Dollar General, ensuring consistent foot traffic and high visibility. This strategic positioning offers excellent potential for both established businesses seeking expansion and new ventures looking to establish a presence in a busy commercial area. The property's versatile space allows for a variety of retail uses, making it an attractive option for a diverse range of businesses. With its convenient location, strong anchor tenants, and available space, this retail center represents a significant opportunity for investors seeking a stable and profitable investment in a high-demand market. The property is situated in Westland, Michigan, offering easy access to major transportation routes and a substantial customer base. Interested parties are encouraged to explore this exceptional opportunity to acquire a well-positioned retail property in a dynamic and growing market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,698,000
      Market price range: $1.92M - $4.32M
      AI Estimate
      $3,698,000
      Market price range: $1.92M - $4.32M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,175,000
      Current use
      OFFICE BUILDING
      $5,310,000
      Change: +67% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $4,380,000
      Change: +38% Conversion: Difficult
      RETAIL STORES
      $4,285,000
      Change: +35% Conversion: Easy
      MEDICAL BUILDING
      $3,880,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3648
    Latitude
    42.2954
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $60,692
    $0.00
    $0.00
    $1,592,000
    -
    $0.00
    $0.00
    $3,184,000
    View Listing
    More about this property
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