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    Wayne Rd Westland, MI 48185

    Sponsored
    For Sale
    $395,000

    0.88-acre lot, high-traffic area, CB4 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.88-acre commercial land parcel presents a unique investment opportunity in the thriving city of Westland, Michigan. Located at 0 Wayne Rd, 48185, this property boasts a highly desirable CB4 zoning classification, offering the least restrictive commercial zoning allowances, including automotive uses. Situated in a high-traffic area, this versatile land is primed for a multitude of commercial developments. The property's prime location ensures excellent visibility and accessibility, making it an ideal site for businesses seeking high exposure. The parcel's size provides ample space for various projects, from smaller retail establishments to larger-scale commercial ventures. To further enhance its appeal, pre-existing site plans for a car wash, auto repair facility, and quick oil change are available for review, providing a solid foundation for potential development. The property's APN is 56-045-99-0018-002. This is a rare opportunity to acquire a strategically located commercial lot with significant development potential in a bustling Westland, MI market. The asking price for this exceptional property is $395,000. Serious inquiries are encouraged.

    Property Features for 0 Wayne Rd

    General Information

    Property type
    Land
    Lot Size
    38,333 SF

    HighLights

    • 0.88‑acre commercial lot in high‑traffic Westland, MI, zoned CB4 (least restrictive commercial zoning).
    • High visibility and accessibility due to prime location.
    • Pre‑existing site plans for car wash, auto repair, and quick lube available; APN 56‑045‑99‑0018‑002.
    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 - 0.88-acre lot, high-traffic area, CB4 zoning.
    Where is this land located?
    The property is located at Wayne Rd Westland, MI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 0.88-acre commercial lot in high-traffic Westland, MI, zoned CB4 (least restrictive commercial zoning).; High visibility and accessibility due to prime location.; Pre-existing site plans for car wash, auto repair, and quick lube available; APN 56-045-99-0018-002.
    Request Owner's contact information
    Wayne Rd Westland, MI 48185
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    Westland, MI 48185
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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
    Wayne Rd Westland, MI 48185
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