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Property profile & analytics
OFF-MARKET
Day care centers

630 Wayne Rd Westland, MI 48185-3631

1,313 SF 0.24 ac lot Built 1959
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-0407211
Property summary
AI-generated overview

This exceptional Westland, MI industrial property presents a unique investment opportunity. Encompassing a half-acre lot (0.5 acres), the property includes two buildings totaling 5,400 square feet and two separate parking areas. The property is comprised of five parcels (Parcel IDs: 56043010247000, 56043010250000, 56043010251000, 56043010252000, & 56043990001000). The main building, located at 646 Wayne Rd., boasts approximately 3,600 square feet, including 600 square feet of office space and a full kitchen. This building underwent significant renovations in 2012 and 2021, and a new furnace was installed in 2019. The second building, situated at 630 N Wayne, offers approximately 1,800 square feet, with 600 square feet dedicated to office space. This building received updates in 2015/2016. Both buildings feature three bathrooms and multiple office spaces, with four offices in each. Detailed financial information is available upon request. Showings are scheduled by appointment only. Please refrain from contacting the business, employees, or clients directly. All dimensions are approximate and should be independently verified.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1959
Total area 1,313 SF
Lot 0.24 ac (10,454 SF)
APN 56 043 99 0001 000
UPID US43-0407211
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Eureka Educators Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hug A Bug Christian Preschool LLC · 10 yrs held
Hug A Bug Christian Preschool LLC
since 2016
3 recorded transactions
2016
Price N/A
2015
$141,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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