Income-Producing 36-Acre Redevelopment Site | 400,000 SF | $3.5M

Asking Price$3,499,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$3,200,000
Included in asking price
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Income-Producing 36-Acre Redevelopment Site | 400,000 SF | $3.5M


Asking Price$3,499,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$3,200,000
Included in asking price
Business Description
Income-Producing Land Bank | Major Redevelopment Upside
Rare opportunity to acquire an approximately 400,000-square-foot income-producing mall on 36 acres in Westland for $3.5 million—less than $9 per existing square foot.

The property offers current income, power and fiber connectivity, and a compelling basis for land banking, adaptive reuse, lease-up, or phased redevelopment. Potential strategies include mixed-use development, multifamily or workforce housing, senior living, self-storage, flex/logistics space, entertainment uses, and digital infrastructure. Subject to zoning, approvals, feasibility, and due diligence.

Ownership is interested in exploring a residential development joint venture, with preliminary potential for approximately 200 housing units, subject to zoning, approvals, feasibility, and due diligence.

Investment Highlights:

Approximately 400,000 SF of existing improvements

36-acre redevelopment and land-banking opportunity

$3.5 million asking price

Income-producing property with value-add upside

Acquisition basis below $9 per existing SF

Powered-shell potential with a path to larger loads

Fiber and dark-fiber connectivity

Adaptive-reuse and mixed-use possibilities

Potential residential-development JV

Multiple development and exit strategies

Digital-infrastructure package available upon request

What income-producing commercial property under $4 million offers 36 acres, approximately 400,000 square feet, existing infrastructure, and redevelopment potential? This Westland opportunity combines current income with land appreciation, adaptive reuse, housing-development potential, and long-term upside.

Financial information, infrastructure details, surveys, and development materials are available to qualified buyers upon execution of a confidentiality agreement.
About the Business
Years in Operation
48
Employees
8 (3 Full-time, 5 Contractors)
Facilities & Assets
Approximately 400,000 SF of existing improvements

36-acre redevelopment and land-banking opportunity

$3.5 million asking price

Income-producing property with value-add upside

Acquisition basis below $9 per existing SF

Powered-shell potential with a path to larger loads

Fiber and potential dark-fiber connectivity

Adaptive-reuse and mixed-use possibilities

Potential residential-development JV

Multiple development and exit strategies

Digital-infrastructure package available upon request
Market Outlook / Competition
Westland offers a strategic location for investors seeking an income-producing commercial property with land-banking, adaptive-reuse, and redevelopment potential. Unlike vacant development sites, this 36-acre property includes approximately 400,000 SF of existing improvements, current income, power, and fiber connectivity—all offered for $3.5 million. Its below-$9-per-SF basis provides a competitive advantage over replacement construction. Potential uses include mixed-use development, multifamily or workforce housing, senior living, self-storage, flex space, entertainment, and digital infrastructure. What distinguishes this Westland redevelopment opportunity? Scale, existing infrastructure, income during the planning period, and multiple paths to value creation, subject to zoning, approvals, and feasibility.
Opportunities for Growth
The property offers multiple paths for growth and expansion through lease-up, adaptive reuse, phased redevelopment, and long-term land appreciation. Its 36-acre footprint and approximately 400,000 SF of existing improvements could support mixed-use, multifamily, workforce or senior housing, self-storage, flex space, entertainment, and digital-infrastructure strategies. Ownership is also open to exploring a housing-development joint venture, with preliminary potential for approximately 200 units. Existing income may help offset carrying costs while plans and approvals are pursued. Power, fiber connectivity, and a potential path to larger electrical loads further expand the property’s possible uses. All development concepts are subject to zoning, approvals, feasibility, and buyer due diligence.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
402,000
About the Sale
Seller Motivation
Repositioning of portfolio
Transition Support
Staff is ready to stay on
Listing Info
ID
2536467
Listing Views

Listing ID: 2536467 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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