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    OFF-MARKET
    Office buildings

    7107 Wayne Rd, Westland, MI 48185-2172

    4,822 SF 0.26 ac lot Built 1942
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0830648
    Property summary
    AI-generated overview

    This single-story, 5,324 square foot office building, located at 7107 N Wayne Rd in Westland, Michigan, presents a unique leasing opportunity. Situated on a 0.8-acre lot, this Class C property offers a blend of executive and medical office space, perfect for a variety of businesses. Built in 1942 and renovated in 1994, the building is zoned CB-3 - General Commercial, allowing for diverse uses within Wayne County's regulations. Currently, 1,734 square feet of space is immediately available for lease within a multi-tenant building. The property features a total of 5,324 square feet across one building. Its convenient location in Westland, Michigan, zip code 48185, provides easy access to major transportation routes and local amenities. This is an excellent opportunity to secure a well-maintained office space in a desirable location. The property's history and recent renovations combine to offer a functional and adaptable workspace. Interested parties should inquire about lease terms and conditions. The available space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1942
    Total area 4,822 SF
    Lot 0.26 ac (11,326 SF)
    APN 56 034 01 0003 001
    UPID US43-0830648
    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
    • American Therapy Centers, LLC Physical Therapy & Pulmonary Rehabilitation Medical Clinic
    • EMILY ANN ROBERTSON Physician
    • JUSTIN NELSON MEYER Physician
    • Sarah Presley Physician
    • Arshad Javed Physician
    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
    Zzzaaa Management LLC · 3 yrs held
    Zzzaaa Management LLC
    since 2022
    Last sale
    $400,000
    3 recorded transactions
    2022
    $400,000
    2011
    $175,000
    2010
    $236,600
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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