Financial
Distress signals
Property profile

36403 Warren Rd Westland, MI 48185

FOR LEASE
Strip malls
Property ID
US43-0104412
6,016 SF 0.7 ac lot Built 1942
Last sale Dec 2024 · $209,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building constructed in 2016, containing approximately 6,000 square feet and configured with four separate storefront spaces. One storefront comprises about 1,500 square feet and is laid out to support a range of permitted uses, including medical, spa, office, and retail, subject to applicable requirements. The building is located at 36403–36423 Warren Road in Westland, Michigan, positioned next to an Applebee's and across the street from Westland City Hall, and it is located in a commercially zoned area that supports the listed use categories.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value · 2024$410k
Effective rate5.75%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$5k
Operating expenses−$24k
NOI · 2,471.78% cap applied$57k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2,471.78%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency49.4
Law Firm38.0
Building Supply34.8

Location

36403 Warren Rd Westland, MI 48185
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales 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

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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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