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Property profile & analytics
FOR LEASE
Retail space

34200 Glenwood Rd Westland, MI 48186

1,050 SF 0.09 ac lot Built 1957
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US43-1222191
34200 Glenwood Rd, Westland, MI 48186 For Lease
$13.50 SF/Yr
34200 Glenwood Rd, Westland, MI 48186
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Property summary
AI-generated overview

This exceptional 1,050-square-foot freestanding building presents a fantastic opportunity for a variety of businesses. Located in Westland, Michigan, at 34200 Glenwood Rd, 48186, this single-story, single-tenant property boasts excellent frontage and visibility directly across from Wayne Memorial High School. Its prime location offers significant exposure to a substantial daily traffic flow along Glenwood Road. The building's traditional office layout is adaptable to a range of uses, making it ideal for retail establishments such as pizza shops, sandwich shops, ice cream parlors, or bakeries. Alternatively, it could serve as a comfortable and efficient office space. Situated in Wayne County, this property offers a convenient location with easy access to local amenities and transportation routes. The building's single-story design provides ease of access and functionality. This is a rare opportunity to acquire a well-positioned, freestanding building in a thriving community. The property's size and location make it an attractive investment for both established businesses and entrepreneurs seeking a high-visibility location. The building is ready for immediate occupancy, offering a seamless transition for new owners.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Total area 1,050 SF
Lot 0.09 ac (3,920 SF)
APN 56 074 04 1054 000
UPID US43-1222191
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cloud headz hookah shop and mini mart (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
34200 Glenwood LLC · 5 yrs held
34200 Glenwood LLC
since 2021
Last sale
$50,000
1 recorded transaction
2021
$50,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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