35501 Central City PkwyWestland, MI 48185

  • Commercial real estate
  • 15,205 SF

Property Details for 35501 Central City Pkwy

Year built
1996
Lot size
0.38 AC
Property size (Sq ft)
15,205 SF
Property type
Commercial real estate
APN
56 020 99 0001 718
APU
56020990001718

Description

This exceptional 15,234-square-foot freestanding retail building, formerly a Sears Auto Center, presents a unique investment opportunity. Located in Westland, Michigan, this single-tenant property boasts prime visibility and accessibility. Situated as an outparcel to the Westland Shopping Center, it benefits from the significant traffic generated by established national retailers such as Kohl's, JCPenney, and Shoe Carnival. The building's entire 15,234 square feet is currently vacant, offering a blank canvas for a wide range of retail uses. Its strategic location offers easy access to major transportation arteries, including Interstates 94, 96, and 275, ensuring high visibility and convenient access for customers. The property is situated approximately 20 miles west of Detroit, placing it within a densely populated and commercially active region. This presents a compelling opportunity for businesses seeking a high-traffic location with strong anchor tenants nearby. The property is classified as retail, subtype auto, and is located in Wayne County. The building's size and location make it ideal for a variety of retail concepts. This is a rare chance to acquire a substantial retail space in a thriving commercial area. The property's vacant status allows for complete customization to suit the needs of a new tenant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,979,334
    Hospitality
    $2,729,054
    Educational
    $2,270,541
    Medical
    $2,348,628
    Retail
    $3,531,952

Location Insight

City
Westland
County
Wayne
State
Michigan
Latitude
42.3418
Longitude
-83.3925
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
$5,557
-
-
$94,500
-
-
-
$189,000

FAQs

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