244 Wayne Rd, Westland, MI 48185-3626
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.