Property profile

38664 Webb Dr Westland, MI 48185

OFF-MARKET
Manufacturing properties
Property ID
US43-1612418
11,480 SF 0.96 ac lot Built 1986
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1986
Total area 11,480 SF
Lot 0.96 ac (41,818 SF)
APN 56 027 01 0006 002
UPID US43-1612418

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

38664 Webb Dr Westland, MI 48185-1978
Westland metro Census 565100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$740k
Blend (final) Blend
$365k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.2M +57.8%
Medical building $1.1M +43.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 38664 Webb Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message