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    9219 Wayne Rd Romulus, MI 48174

    For Lease
    $11 SF/Yr ($7,701 /Mo)

    High-traffic location, multiple units.

    Lot size:
    8,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, totaling 8,150 square feet, presents a unique opportunity for businesses seeking prime retail space in a thriving business district. Currently fully vacant, the property offers six available units ranging from a minimum of 900 square feet to a maximum contiguous space of 4,232 square feet. Its strategic location ensures high visibility and significant foot traffic, making it ideal for a variety of retail ventures. The flexible space allows for customization to suit diverse business needs, whether it's a single large tenant or multiple smaller occupants. The property's design and location are perfectly suited to attract a wide customer base, maximizing exposure and potential for growth. This is an exceptional chance to establish a strong presence in a dynamic and bustling commercial area. The entire 8,150 square feet is available for lease, offering significant potential for a large-scale operation or the opportunity to subdivide and lease to multiple tenants. Don't miss this chance to secure a prime location for your business's success. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 9219 Wayne Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,150 SF
    Total Rate
    7701.75

    Unit(s) available at that property

    Space
    9287 Wayne Road
    Size
    1,201 SF
    Rate per SF
    $16
    Space
    9227 Wayne Road
    Size
    900 SF
    Rate per SF
    $16
    Space
    9275 Wayne Road
    Size
    1,266 SF
    Rate per SF
    $15
    Space
    9231 Wayne Road
    Size
    900 SF
    Rate per SF
    $13
    Space
    9235 Wayne Road
    Size
    917 SF
    Rate per SF
    $13
    Space
    9301 Wayne Road
    Size
    4,232 SF
    Rate per SF
    $11

    HighLights

    • 8,150 square foot retail building available for lease.
    • Multiple tenant spaces available, ranging from 900 to 4,232 square feet.
    • Entire building (8,150 SF) is currently vacant.
    • Prime location in a high‑traffic business district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3855063
    Latitude
    42.2369535

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, multiple units.
    Where is this retail property located?
    The property is located at 9219 Wayne Rd Romulus, MI.
    What is the lease rate?
    The lease rate is $11-$16 SF/Yr.
    What are key features of this property?
    This property features: 8,150 square foot retail building available for lease.; Multiple tenant spaces available, ranging from 900 to 4,232 square feet.; Entire building (8,150 SF) is currently vacant.
    Request Owner's contact information
    9219 Wayne Rd Romulus, MI 48174
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9219 Wayne Rd Romulus, MI 48174
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