148-206 Wayne Rd Westland, MI 48186
This exceptional Westland, MI property, located at 148-206 S. Wayne Road, offers 29,410 square feet of retail and office space in a single, one-story building. Built in 1965, the property is zoned CB-3, General Commercial, and boasts excellent visibility at a signalized intersection. Three units are currently available, ranging from 600 to 12,546 contiguous square feet, making it ideal for a variety of businesses. The property features multiple points of ingress and egress for convenient access. Benefit from prominent pylon signage on both Wayne and Cherry Hill Roads, enhancing brand visibility. A new façade is soon to be completed, further enhancing the property's curb appeal. This prime location enjoys high traffic volume, with over 29,000 vehicles per day (VPD) on Wayne Road and over 21,000 VPD on Cherry Hill Road. The area is densely populated, with over 252,000 people residing within a five-mile radius, providing a substantial customer base. The property is surrounded by numerous national, regional, and local tenants, creating a thriving commercial environment. This is a unique opportunity to establish or expand your business in a high-demand location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.