35150 Central City PkwyWestland, MI 48185

  • Outlet malls
  • 22,610 SF
For Lease

Property Details for 35150 Central City Pkwy

Year built
1992
Lot size
2.03 AC
Property size (Sq ft)
22,610 SF
Property type
Outlet malls
APN
56 015 99 0007 706
APU
56015990007706

Description

This exceptional commercial property, formerly an Office Max, presents a unique leasing opportunity in Westland, Michigan. Located at 35150 Central City Parkway, 48185, this 24,860 square foot office building offers a versatile space ideal for a variety of businesses. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the layout to their specific needs. The property is classified as an executive office space, suggesting a high-quality finish and potentially desirable features. With a total of 200 parking spaces, ample parking is readily available for employees and clients. Situated in Wayne County, this location offers convenient access to major roadways and local amenities. The property's size and layout make it suitable for a single large tenant or multiple smaller tenants. The building's previous use as an Office Max suggests a functional and well-maintained structure. This is a prime opportunity to secure a substantial and well-located office space in a thriving Michigan community. All 24,860 square feet are available for lease. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,689,722
    6.5%
    $5,252,052
    7%
    $4,876,904
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,329,648
    Geo Method
    $5,329,648
  • Alternative Use

    Use
    Valuation
    Residential
    $4,430,302
    Hospitality
    $4,058,132
    Educational
    $3,376,319
    Medical
    $3,492,436
    Retail
    $5,252,052
35150 Central City Pkwy, Westland, Michigan

Location Insight

City
Westland
County
Wayne
State
Michigan
Latitude
42.344
Longitude
-83.3881
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$49,675
-
-
$806,500
-
-
-
$1,613,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].