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Property profile & analytics
FOR LEASE
Strip malls

6005 N Wayne Rd Westland, MI 48185

14,818 SF 1.79 ac lot Built 2007
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-0705597
Property summary
AI-generated overview

This exceptional commercial property, located at 6005-6095 N Wayne in Westland, Michigan (zip code 48185), offers a total of 3,295 square feet of versatile space ideal for medical offices or other commercial uses. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions. The property is categorized as both retail and office space, offering flexibility in its potential uses. The building is situated in Wayne County and is easily accessible. Multiple tenancy is possible, with spaces ranging from a minimum of 1,095 square feet to a maximum contiguous space of 2,200 square feet. This allows for adaptability to various business needs and sizes. The property's location in Westland, Michigan provides excellent visibility and accessibility for clients and employees. The entire 3,295 square feet is currently available for lease, making this an attractive opportunity for businesses seeking a prominent location in a thriving community. Interested parties are encouraged to inquire about lease terms and conditions. This property presents a rare chance to secure a substantial and adaptable space in a desirable location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 14,818 SF
Lot 1.79 ac (77,972 SF)
APN 56 032 02 0568 303
UPID US43-0705597
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$520k
Owner & transaction history
Lks Westland LLC · 7 yrs held
Lks Westland LLC
since 2019
7 recorded transactions
2019
Price N/A
2016
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.0M +67.2%
Auto repair, garage $1.6M +38.0%
Retail stores $1.6M +34.9%
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