35150 Central City PkwyWestland, MI 48185
- Outlet malls
- 22,610 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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