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    OFF-MARKET
    Retail space

    244 Wayne Rd, Westland, MI 48185-3626

    1,716 SF 0.12 ac lot Built 1964
    Individually Owned Free & Clear
    Property ID
    US43-1543916
    Property summary
    AI-generated overview

    This exceptional car wash opportunity in Westland, Michigan, is priced at $2,200,000. The 4,025 square foot facility sits on a one-acre lot at 244 S Wayne Road, 48186, boasting excellent visibility to over 29,000 vehicles daily. The property includes four existing vacuums, presenting a significant value-add opportunity for expansion within the existing footprint. Its prime location within a densely populated area offers substantial growth potential. Within a five-mile radius, there are 230,000 residents with an average household income of $85,000 annually. The strategic location along Wayne Road benefits from the proximity to various national retailers such as Aldi, 7-Eleven, and CVS, further enhancing its appeal and accessibility. This turnkey operation is ready for a new owner to capitalize on its established success and high-traffic location. The property's strong financials and high visibility make it an attractive investment for experienced car wash operators or those seeking a profitable venture in a thriving market. Serious inquiries only.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1964
    Total area 1,716 SF
    Lot 0.12 ac (5,227 SF)
    APN 56 043 02 0254 002
    UPID US43-1543916
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Regency Car Wash Car Wash
    • Safe Place for Children Crisis Center Medical Clinic
    • Hometown Car Wash Westland Car Wash
    • Dobozy's Barber Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    JOHN DOBOZY
    JOHN DOBOZY
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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