31501 Joy Rd Westland, MI 48185
Property Lookup
Property profile & analytics
31501 Joy Rd Westland, MI 48185
- Strip malls
- 32,368 SF
- 3.60 lot acres
Property ID
US43-1757642
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.
Location Intelligence
Current Use by Public Records
- CVS Photo / (Bike/Boat/Book/etc) Store
- CVS / Pharmacy
- CVS Pharmacy / Pharmacy
- MoneyGram / Bank / Credit Union
- Coinhub Bitcoin ATM Teller / Atm
Property Details for 31501 Joy Rd
- Year built
- 1957
- Lot size
- 3.60 lot acres
- Property size
- 32,368 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 56 009 99 0001 002
- APU
- 56009990001002
Description
This exceptional retail opportunity is located at 31501 Joy Road in Westland, Michigan, 48185. The Joy & Merriman Retail Center offers a prime location at the corner of Joy Road and Merriman, boasting high visibility and excellent access. The property is a multi-tenant strip center with a total of 32,208 square feet. Currently, there is 2,700 square feet of vacant space available, ideal for a variety of retail uses. This space is divisible to a minimum of 1,000 square feet and can accommodate up to 1,700 contiguous square feet. The available space includes a built-out office area, adding significant value and convenience for potential tenants. The center enjoys strong existing tenancy, with established businesses such as CVS Pharmacy, Natural Nails, and Benny's Pizza already operating within the complex. This presents a fantastic opportunity to join a thriving retail environment in a high-traffic area. The property's strategic location and the inclusion of a ready-to-use office space make this an attractive proposition for businesses seeking immediate occupancy and a well-established commercial presence. The property is situated at 42.3534036 latitude and -83.3534755 longitude. Serious inquiries are encouraged to explore this promising retail investment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,671,000
- AI Estimate
- $2,671,000
Market price range: $1.56M - $3.50MMarket price range: $1.56M - $3.50M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,575,000 Current use
- OFFICE BUILDING
- $4,305,000 Change: +67% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,555,000 Change: +38% Conversion: Difficult
- RETAIL STORES
- $3,475,000 Change: +35% Conversion: Easy
- MEDICAL BUILDING
- $3,150,000 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
- -83.3529
- Latitude
- 42.3536
- 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
$66,089
$0.00
$0.00
$1,150,100
-
$0.00
$0.00
$2,300,200
