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Financial
Distress signals
Property profile

1630 Wayne Rd Westland, MI 48186

OFF-MARKET
Other investment properties
Property ID
US43-0408102
1,792 SF 0.11 ac lot Built 1948
Last sale Dec 2023 · $562,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial retail/office space comprising 1,779 square feet of flexible interior area, located on S Wayne Road in Westland. The unit is a standalone, vacant space configured for adaptability, with layout flexibility for uses such as medical, insurance, real estate, salon, boutique retail, or general office. It provides street-facing frontage on S Wayne Road with high street visibility and signage potential, along with convenient access to nearby parking and major roadways…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$90k
Effective rate5.94%

Value estimate

· Oct 2026
$575k
$518k – $633k
CAP approach$330k
Submarket $/SF estimate$457k

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$167/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$70 – $255
Qualifying comparables26

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency46.3
Law Firm41.3
Dental Office23.5

Location

1630 Wayne Rd Westland, MI 48186-5548
County assessor Recorded deeds · 2 transfers 26 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

8 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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