Property profile

31260 Michigan Ave Westland, MI 48186

OFF-MARKET
Strip malls
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Property ID
US43-0098302
37,510 SF 0.86 ac Built 1999
Last sale Feb 2021·$1,475,250
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property consists of retail spaces within a shopping center anchored by Kroger. The center was built in 1999 and offers multiple retail unit configurations with areas ranging from approximately 1,400 to 10,500 square feet. Monument signage is located along both Michigan Avenue and Merriman Road. Vehicle access is provided via curb cuts on Michigan Avenue and Merriman Road, and the center includes a lighted pedestrian entry from Michigan Avenue. The shopping center is situated on Michigan…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$52k
Tax billed · 2023
Assessed value · 2024$936k
Effective rate5.56%

Value estimate

· Nov 2026
$1.49M
$1.34M – $1.63M
Submarket $/SF estimate$2.17M

Realmo valuation models over county records.

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

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency46.4
Restaurant35.2
Dental Office33.6

Location

31260 Michigan Ave Westland, MI 48186-5343
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 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
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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