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Property profile & analytics
FOR LEASE
Strip malls

34414 Ford Rd Westland, MI 48185

101,106 SF 2.33 ac lot Built 1966
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US43-2328297
Property summary
AI-generated overview

Wildwood Plaza, located at 34414 Ford Rd in Westland, MI 48185, offers exceptional medical office space within a thriving retail environment. This two-building complex totals 184,148 square feet, situated on a 24.62-acre lot in Wayne County. Currently, 49,500 square feet of space is available, with divisible units ranging from a minimum of 24,000 square feet to a maximum contiguous space of 25,500 square feet. The property is zoned commercial and features a multiple tenancy structure. The plaza enjoys a prime location on a high-traffic retail corridor, experiencing over 50,000 vehicles daily on Ford Road. This strategic position benefits from a strong synergy with established national retailers such as Dunkin' Donuts, Popeyes, Heartland, Ollie's, Dollar Tree, and Aaron's, as well as a grocery anchor, ensuring high foot traffic and daily needs accessibility. The surrounding area boasts a substantial population of 272,664 within a 5-mile radius, providing a robust potential customer base. The property's APN is 56 035 08 0001 000, 56035080004000. This presents a unique opportunity for medical practices seeking a prominent location in a bustling retail center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1966
Total area 101,106 SF
Lot 2.33 ac (101,495 SF)
APN 56 035 08 0004 000
UPID US43-2328297
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
  • Horseshoe Liqour (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Coinstar Kiosk - Bitcoin ATM Atm Currency Exchange Service
  • Heartland Marketplace Grocery & Convenience Store Food Market
  • Coinme at Coinstar - Bitcoin Kiosk Shopping Center & Mall (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.86M
Blend (final) Blend
$4.86M
Owner & transaction history
WILDWOOD PLAZA LLC
WILDWOOD PLAZA LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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