Property profile

31100 Palmer Rd Westland, MI 48186

OFF-MARKET
Medical Office Space
Property ID
US43-1259289
3,016 SF 0.62 ac lot Built 1986
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Total area 3,016 SF
Lot 0.62 ac (27,007 SF)
APN 56 070 99 0001 000
UPID US43-1259289

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Freight Service Logistics Company

Location

31100 Palmer Rd Westland, MI 48186-9527
Westland metro Census 568700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2020
Last sale
$195,000
3 recorded transactions
2020
$195,000
2019
$98,500
2015
$150,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 31100 Palmer Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message