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    Property profile & analytics

    10939 Wayne Rd Romulus, MI 48174-1470

    • Drive through restaurants
    • 2,682 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-5083087
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 10939 Wayne Rd

    Year built
    1994
    Lot size
    1.31 lot acres
    Property size
    2,682 SF
    Zone code
    CBD-1
    Property type
    Drive through restaurants
    APN
    80 063 99 0006 700
    APU
    80063990006700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Romulus
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3845
    Latitude
    42.2238
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,767
    $0.00
    $0.00
    $291,200
    -
    $0.00
    $0.00
    $582,400

    Comparable in this City

    • Value Estimation
      $110,000
      1,500 SF

      37590 Huron Riv Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,500 SF
      37590 Huron Riv Dr, Romulus, MI 48174-1122
      View Details
    • Value Estimation by Request
      960 SF

      35351 Goddard Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 960 SF
      35351 Goddard Rd, Romulus, MI 48174-3407
      View Details
    • Value Estimation by Request
      3,060 SF

      7070 Middlebelt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,060 SF
      7070 Middlebelt Rd, Romulus, MI 48174-2043
      View Details
    • Value Estimation by Request
      980 SF

      7300 Middlebelt Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 980 SF
      7300 Middlebelt Rd, Romulus, MI 48174-2133
      View Details
    • Value Estimation by Request
      3,328 SF

      19051 Telegraph Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,328 SF
      19051 Telegraph Rd, Brownstown, MI 48174-9305
      View Details
    • Value Estimation by Request
      3,338 SF

      9777 Wayne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,338 SF
      9777 Wayne Rd, Romulus, MI 48174-1550
      View Details

    Similar Nearby for Sale

    • New
      $2,990,000
      117.74 Acres

      Romulus Land with Golf Course

      117-acre property with golf course, clubhouse, restaurant, and residential lots.
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    • New
      $2,990,000
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    • $475,000

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      Retail property with high visibility and easy freeway access.
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    • $399,000
      2,604 SF

      Commercial Building in Romulus, MI

      Commercial building with showroom, office, and warehouse space for sale.
      36050 Goddard Rd, Romulus, MI 48174
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    • Contact for pricing
      0.50 Acres

      Romulus Trade Center Retail Land

      High-traffic retail land near Detroit Metro Airport.
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      Commercial Building on Fenced Acre

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    Similar Nearby for Lease

    • $18 SF/Yr
      16,000 SF

      Retail Space with Drive-Thru

      Proposed 16,000 SF retail space with drive-thru end-cap.
      39325 Ecorse Rd, Romulus, MI 48174
      View Details
    • Contact for pricing
      13,568 SF

      Eureka Road Retail Center

      Romulus, MI retail space available.
      30739 Eureka Rd, Romulus, MI 48174
      View Details
    • $15 SF/Yr
      917 SF

      Retail Space Near Airport

      Retail space available in busy Romulus shopping center.
      9219-9301 Wayne Rd, Romulus, MI 48174
      View Details
    • $15 SF/Yr
      1,200 SF

      Romulus Retail Space for Lease

      1200 sq ft, Prime Metro Airport Location
      7559 Merriman Rd, Romulus, MI 48174
      View Details
    • Contact for pricing
      12,566 SF

      Romulus Retail Space For Rent

      12,566 SF retail space in Romulus, built in 2000.
      36567 Goddard Rd, Romulus, MI 48174
      View Details
    • Contact for pricing

      Romulus Retail Land Opportunity

      Prime Wayne County retail land for lease.
      32870 Wick Rd, Romulus, MI 48174
      View Details

    Property Visit Statistics

    • Visits by month
      7.8k
    • Visitors by month
      6.3k
    • Avg Time on site
      14 min
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    10939 Wayne Rd
    Romulus, MI 48174-1470
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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
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