Commercial Land in Westland, Michigan, offers a unique opportunity for investors to tap into the city's growing economy. With its rich history, diverse population, and strategic location, Westland is an attractive destination for businesses and individuals alike. Commercial Land represents a range of investment opportunities, from retail and office spaces to industrial and manufacturing facilities. Whether you're looking to establish a new business or expand an existing one, Westland's Commercial Land has something to offer. The city's amenities, infrastructure, and location make it an ideal place to invest in Commercial Land. For instance, Westland is home to the Westland Shopping Center, a major retail hub that attracts visitors from across the region. Additionally, the city's proximity to Detroit Metropolitan Wayne County Airport and major roads like Ford Road and Warren Road makes it easily accessible. Westland's educational institutions, such as the Wayne-Westland Community School District and private schools like Lutheran High School Westland, also contribute to its appeal. With attractions like Hines Park and the Westland Blues, Brews & Barbecue festival, Westland is a great place to do business and travel.
Westland's Commercial Land is part of a larger landscape of available properties, including 59 listings. The average price per square foot for Commercial Land in Westland is $74 USD, with an average size of 37,228 square feet. The largest available property spans 38,500 square feet. With an average cap rate of , Commercial Land in Westland offers a promising investment opportunity. In addition to Commercial Land, Westland also offers other property types, such as residential properties, office spaces, and industrial facilities. The city's diverse economy, which includes major employers like Ford Motor Company and Beaumont Hospital - Wayne, supports a range of industries and businesses. Overall, Westland's Commercial Land presents a compelling investment opportunity for those looking to tap into the city's growth and potential.
What are common commercial uses for land in the Westland market?
Commercial land for sale in Westland, Michigan is often utilized for various purposes, including retail spaces, healthcare facilities, and educational institutions, given the city's strong presence of major employers like Ford Motor Company and the Westland Shopping Center.
With 59 available listings, investors and developers can explore opportunities to build or renovate properties that cater to the local economy, which is driven by manufacturing, retail, healthcare, and education, and take advantage of the average price per square foot of $74 USD, with average property sizes ranging from 37,228 square feet to 38,500 square feet, and an average cap rate of.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Westland, Michigan, there are several common ways to do so. For instance, investors can buy land directly from a seller, work with a real estate agent or broker, or purchase land at an auction, and it's essential to understand the process, which is why we recommend reading our article on how to buy land to ensure a successful transaction.
In Westland, with 59 available listings of Commercial Land, investors have a range of options to choose from, with an average price per square foot of $74 USD and an average size of 37,228 square feet. The largest available parcel is 38,500 square feet, offering ample space for development projects. Additionally, the average cap rate for Commercial Land in Westland is , making it an attractive option for investors.
