33200 Warren RdWestland, MI 48185

Property Details for 33200 Warren Rd

Year built

1952

Lot size

0.80 AC

Property size (Sq ft)

3,815 SF

Property type

Medical offices

Property subtype

Medical space

APN

56 011 99 0006 001

APU

56011990006001

Description

This exceptional 3,815 square foot industrial property, situated on a nearly one-acre lot (0.8 acres to be exact), presents a remarkable opportunity for a variety of businesses. Located on the highly visible Warren Avenue in Westland, Michigan, this building boasts a prime location with excellent accessibility and high traffic volume. Completely renovated in 2024, the property features brand new flooring and windows, updated bathrooms, and a fresh coat of paint throughout. The spacious interior is adaptable to a wide range of professional uses, including but not limited to medical offices, accounting firms, insurance agencies, or daycare centers. The substantial lot size (152 x 228 feet) provides ample parking for employees and clients. A large basement offers additional storage or expansion potential. The property is ready for immediate occupancy, making it an ideal choice for businesses seeking a move-in ready space. All provided data is approximate.

• CAP approach

  CAP return

  Valuation

  6%

  $653,082

  6.5%

  $602,845

  7%

  $559,785

• Comparable approach

  Method

  Valuation

  Relative Method

  $356,855

  Geo Method

  $356,855

• Alternative Use

  Use

  Valuation

  Residential

  $747,528

  Hospitality

  $684,731

  Educational

  $569,688

  Medical

  $589,281

  Retail

  $886,182

Location Insight

City

Westland

County

Wayne

State

Michigan

Latitude

42.3398

Longitude

-83.3689

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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