33750 Ford RdWestland, MI 48185

Property Details for 33750 Ford Rd

Year built

1968

Lot size

0.10 AC

Property size (Sq ft)

1,200 SF

Property type

Auto shops

APN

56 036 01 0009 000

APU

56036010009000

Description

This 1,400-square-foot commercial property in Westland, Michigan, presents a versatile opportunity for various business types. Located at 33750 Ford Rd, 48185, this single-tenant space boasts excellent visibility due to its high-traffic location across from established franchises. The building is suitable for retail, warehouse, drive-thru restaurant, gym, or office use, offering significant flexibility for potential occupants. Key features include high ceilings, ample space, and a rear garage door with an exit door, enhancing operational efficiency. The property also benefits from 3-phase electricity, accommodating businesses with high-power needs. Abundant parking is available for customers and employees. This property is situated in a thriving area, making it an attractive investment for businesses seeking a prime location with strong visibility and convenient access. The property type is classified as Retail, Office, and Industrial, and the building is suitable for Traditional Office, Coworking, Executive Office, Medical Office, Creative Office, Manufacturing, Flex, Refrigerated/Cold Storage, Warehouse, Distribution, and R&D uses. The high-traffic location and drive-thru window potential make this a particularly compelling opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $301,976

  6.5%

  $278,747

  7%

  $258,836

• Comparable approach

  Method

  Valuation

  Relative Method

  $282,865

  Geo Method

  $282,865

• Alternative Use

  Use

  Valuation

  Residential

  $235,133

  Hospitality

  $215,381

  Educational

  $179,194

  Medical

  $185,357

  Retail

  $278,747

Location Insight

City

Westland

County

Wayne

State

Michigan

Latitude

42.3251

Longitude

-83.3738

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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