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    Nec Of Wayne Rd & Hunter Ave Westland, MI 48185

    Sponsored
    For Sale
    $800,000

    High-traffic corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.8-3.0 acre commercial land parcel presents a unique investment opportunity in the thriving Westland, Michigan market. Located at the northeast corner of Wayne Road and Hunter Avenue, this outlot benefits from its strategic placement adjacent to the highly successful MJR Cinemas, a 16-screen theater attracting over 700,000 patrons annually. The property's visibility is maximized by its corner location and proximity to a traffic signal. The site boasts a CB-1 zoning designation, offering flexibility for a variety of commercial developments. Surrounding businesses include a strong mix of national and regional retailers such as CVS, Rite Aid, Family Dollar, AutoZone, Tim Hortons, Taco Bell, and McDonald's, creating a vibrant and established commercial environment. This prime location offers excellent access to a substantial customer base and significant traffic flow, making it an attractive proposition for businesses seeking high visibility and convenient access. The asking price for this exceptional property is $800,000. Don't miss this chance to acquire a premier commercial land parcel in a rapidly growing area.

    Property Features for 0 Nec Of Wayne Rd & Hunter Ave

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • 1.8‑3.0 acre commercial land parcel in Westland, MI, priced at $800,000.
    • Located at the northeast corner of Wayne Road and Hunter Ave, adjacent to a 16‑screen MJR Cinemas.
    • High visibility corner lot with traffic signal access.
    • CB‑1 zoning allows for diverse commercial development.
    • Strong surrounding retail including CVS, Rite Aid, and national chains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3865296
    Latitude
    42.3316763

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for development.
    Where is this land located?
    The property is located at Nec Of Wayne Rd & Hunter Ave Westland, MI.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 1.8-3.0 acre commercial land parcel in Westland, MI, priced at $800,000.; Located at the northeast corner of Wayne Road and Hunter Ave, adjacent to a 16-screen MJR Cinemas.; High visibility corner lot with traffic signal access.
    Request Owner's contact information
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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
    Nec Of Wayne Rd & Hunter Ave Westland, MI 48185
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