Property profile

7051 Wayne Rd Westland, MI 48185

OFF-MARKET
Other land
0.54 ac lot
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Property summary

AI-generated overview

The property is a vacant commercial lot located on North Wayne Road in Westland, Michigan. The site covers approximately 0.54 acres and is paved, and it has roadside frontage that supports high visibility with a reported traffic count of more than 14,000 vehicles per day. The lot is situated near retail shopping centers, restaurants, and entertainment venues, and it provides convenient access to major roads and highways for travel to surrounding cities.

Property profile

Verified
Property type Other land
Lot 0.54 ac (23,522 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7051 Wayne Rd Westland, MI 48185
Westland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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