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    Property profile & analytics

    2141 Wayne Rd Westland, MI 48186-5433

    • Commercial land
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 19, 2024
    Location Intelligence
    Property ID
    US43-3885279
    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

    • Commercial land

    Property Details for 2141 Wayne Rd

    Lot size
    0.14 lot acres
    Property type
    Commercial land
    APN
    56 075 06 0001 001
    APU
    56075060001001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3874
    Latitude
    42.2932
    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
    $856
    $0.00
    $0.00
    $12,700
    -
    $0.00
    $0.00
    $25,400

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      Wayne

      VACANT COMMERCIAL LAND • 0.14 Acres
      Wayne, Westland, MI 48186
      View Details
    • Value Estimation by Request
      0.29 Acres

      Cherry Hl

      VACANT COMMERCIAL LAND • 0.29 Acres
      Cherry Hl, Westland, MI 48186
      View Details
    • Value Estimation by Request
      0.29 Acres

      Cherry Hl

      VACANT COMMERCIAL LAND • 0.29 Acres
      Cherry Hl, Westland, MI 48186
      View Details
    • Value Estimation by Request
      0.16 Acres

      Brandon

      VACANT COMMERCIAL LAND • 0.16 Acres
      Brandon, Westland, MI 48186
      View Details
    • Value Estimation by Request
      0.10 Acres

      Wayne

      VACANT COMMERCIAL LAND • 0.10 Acres
      Wayne, Westland, MI 48186
      View Details
    • Value Estimation by Request
      0.05 Acres

      Wayne

      VACANT COMMERCIAL LAND • 0.05 Acres
      Wayne, Westland, MI 48186
      View Details

    Similar Nearby for Sale

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      Westland Commercial Land Opportunity

      Prime 1-acre commercial lot, ideal for various uses.
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      0.19 Acres

      Westland Vacant Residential Land

      Buildable lot with accessible utilities in Westland, Michigan.
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    Similar Nearby for Lease

    • $165,000

      0.66 Acre Development Opportunity

      0.66 acre lot available for lease in Westland, MI.
      32730 Palmer Rd, Westland, MI 48186
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      Commercial Outlot in Westland Center

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    • $12 SF/Yr
      29,410 SF

      Westland Retail/Office Opportunity

      High-traffic location, 3 units available
      148-206 Wayne Rd, Westland, MI 48186
      View Details
    • Contact for pricing
      15,000 SF

      Westland Retail Plaza Investment Opportunity

      High-traffic retail space available in Westland, MI.
      1912 Venoy Rd, Westland, MI 48186
      View Details
    • $8 SF/Yr
      4,937 SF

      Retail Space in Westland, MI

      Retail space available in Westland, MI with 30,371 SF.
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      View Details
    • Contact for pricing
      7,000 SF

      Westland Executive Office Space

      7,000 SF Free-Standing Building, A-Class
      146 Venoy Rd, Westland, MI 48186
      View Details
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    2141 Wayne Rd
    Westland, MI 48186-5433
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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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