1214 S WAYNE RD, Westland, MI 48185
Well-maintained office building suitable for various professional uses.
- Added:
- May 22, 2026
- Days on Market:
- 41
- Last Refresh:
- May 27 at 8:19 am
Property Features for 1214 S WAYNE RD
General Information
- Standard status
- Active
- Size
- 1,470 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1959
Listing office S&P Realty
Listing date May 22, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of S&P Realty
HighLights
- High‑visibility location on busy Wayne Road with 91 feet of frontage and excellent signage opportunities.
- Newer roof and HVAC system reducing immediate capital expenditure needs.
- Versatile layout suitable for a wide range of professional, medical, wellness, and service‑based uses.
- Established brick office building with a history of successful operation.
- Functional layout includes 4 patient/treatment rooms, 2 private offices, x‑ray room, and spacious waiting area.
- Suitable for both owner‑users and investors.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.5k | $20.04 |
| − Vacancy | −$3.7k | −$2.49 |
| EGI | $25.8k | $17.55 |
| − OpEx | −$10.3k | −$7.02 |
| NOI | $15.5k | $10.53 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Wayne Mercy Animal Hospital — 35345 Cherry Hill Rd, Westland, MI 48186
Location Insight
- Map
- Local Demand
- City
- Westland
- County
- Wayne
- State
- Michigan
- Longitude
- -83.388001
- Latitude
- 42.318748