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    Property profile & analytics

    303 Wayne Rd Westland, MI 48186-4301

    • Turn key restaurants
    • 4,129 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1469666
    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

    • George's Family Dining / Family Restaurant / Breakfast Restaurant
    • Leon's Family Dining / Restaurant

    Property Details for 303 Wayne Rd

    Year built
    1969
    Construction
    CONCRETE BLOCKS
    Lot size
    0.87 lot acres
    Property size
    4,129 SF
    Property type
    Turn key restaurants
    APN
    56 062 01 0169 005
    APU
    56062010169005

    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
    -83.3878
    Latitude
    42.308
    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
    $17,262
    $0.00
    $0.00
    $274,500
    -
    $0.00
    $0.00
    $549,000

    Comparable in this City

    • Value Estimation by Request
      6,023 SF

      270 Wayne Rd

      RESTAURANT • 6,023 SF
      270 Wayne Rd, Westland, MI 48186-4381
      View Details
    • Value Estimation by Request
      4,175 SF

      501 Wayne Rd

      RESTAURANT • 4,175 SF
      501 Wayne Rd, Westland, MI 48186-4301
      View Details
    • Value Estimation by Request
      2,874 SF

      1622 Wayne Rd

      RESTAURANT • 2,874 SF
      1622 Wayne Rd, Westland, MI 48186-5430
      View Details
    • Value Estimation by Request
      1,305 SF

      34230 Glenwood Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,305 SF
      34230 Glenwood Rd, Westland, MI 48186-5439
      View Details
    • Value Estimation by Request
      3,071 SF

      2307 Wayne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,071 SF
      2307 Wayne Rd, Westland, MI 48186-5473
      View Details
    • Value Estimation by Request
      3,409 SF

      439 Wayne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,409 SF
      439 Wayne Rd, Westland, MI 48186-4301
      View Details

    Similar Nearby for Sale

    • $695,000
      6,227 SF

      Westland Restaurant - Prime Location

      High-traffic restaurant, 6,227 sq ft, ample parking.
      626 Wayne Rd, Westland, MI 48186
      View Details
    • $2,200,000

      Car Wash on Wayne Road

      Car wash with expansion potential in a high-traffic area.
      244 S Wayne Rd, Westland, MI 48186
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    • Contact for pricing
      16 SF

      Retail Space at Westland Center

      Junior box retail space available within a regional shopping mall.
      35000 Warren Rd, Westland, MI 48186
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    • $399,000
      1.10 Acres

      Westland Commercial Land Opportunity

      1.1-acre lot, prime commercial location
      626 Wayne Rd, Westland, MI 48186
      View Details
    • $30,000
      0.48 Acres

      Van Born Road Commercial Land

      0.48 Acres, Zoned Commercial, $30,000
      0 0.48 Acres Van Born Rd, Romulus, MI 48186
      View Details
    • Contact for pricing

      Residential Land in Westland, MI

      Buildable lot in existing subdivision near a golf course.
      2000 Player Cir, Westland, MI 48186
      View Details

    Similar Nearby for Lease

    • $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.
      124-210 Merriman Rd, Westland, MI 48186
      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
    • $13 SF/Yr
      1,050 SF

      Westland Office Building For Sale

      Single-story office, high visibility.
      34200 Glenwood Rd, Westland, MI 48186
      View Details
    • $2,000 /Mo

      Retail Space on S Wayne

      2,000 sq ft retail space in high-traffic area.
      920 S Wayne Rd, Westland, MI 48186
      View Details

    Property Visit Statistics

    • Visits by month
      4.5k
    • Visitors by month
      2.8k
    • Avg Time on site
      19 min
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    303 Wayne Rd
    Westland, MI 48186-4301
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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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