Financial
Distress signals
Property profile

2708 S Newburgh Rd Westland, MI 48186

FOR SALE
Strip malls
Property ID
US43-1798571
3,550 SF 0.24 ac lot Built 1970
Last sale Oct 2010 · $200,000
Trust Owned Owner of record is a trust. 15-yr Hold Held for 15 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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2708 S Newburgh Rd, Westland, MI 48186 For Sale
Contact for pricing 3,550 SF
2708 S Newburgh Rd, Westland, MI 48186
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Property summary

AI-generated overview

This exceptional offering presents four contiguous parcels of vacant commercial land, totaling approximately one acre, situated at 2708 S Newburgh Rd, Westland, MI 48186. The property is zoned CB-1, a low-intensity commercial business district, allowing for a diverse range of development options. Permitted uses include a wide variety of retail establishments such as convenience stores, grocery stores, hardware stores, and personal service businesses like barber shops, dry cleaners, and tailor…

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?
$7k
Tax billed · 2023
Assessed value · 2024$136k
Effective rate5.28%

Value estimate

· Sep 2026
$135k
$122k – $149k

Realmo valuation models over county records and 6 qualifying comparable sales.

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
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.1
Realty agency17.7
Spa & Massage11.7

Location

2708 S Newburgh Rd Westland, MI 48186
County assessor Recorded deeds · 2 transfers 6 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5745 Merriman, Westland, MI 48186-5344 $1,575,000 Apr 2025 8,400 SF
2651 Wayne, Westland, MI 48186-5558 $2,270,000 Jan 2025 41,978 SF
890 Wayne, Westland, MI 48186-4304 $1,550,000 Nov 2022 17,388 SF
31260 Michigan, Westland, MI 48186-5343 $1,475,250 Feb 2021 37,510 SF
37376 Glenwood, Westland, MI 48186-5447 $600,000 Sep 2020 16,840 SF
920 Wayne, Westland, MI 48186-4383 $250,000 Feb 2019 10,000 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?”
More about this property
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