3123 S Wayne Rd Wayne, MI 48184
Property profile & analytics
3123 S Wayne Rd Wayne, MI 48184
- Retail space
- 2,100 SF
- 0.05 lot acres
Property ID
US43-1344827
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 3123 S Wayne Rd
- Year built
- 1945
- Lot size
- 0.05 lot acres
- Property size
- 2,100 SF
- Property type
- Retail space
- APN
- 55 003 07 0006 000
- APU
- 55003070006000
Description
This exceptional opportunity presents a well-established small engine repair shop and retail store in Wayne, MI. Boasting 2,100 square feet on a 0.05-acre lot at 3123 S WAYNE, this turnkey business has thrived for 40 years, offering a diverse range of products and services. The inventory includes scooters, mopeds, dirt bikes, motorcycles, four-wheelers, lawnmowers, and an extensive selection of parts. The business enjoys a prime, centrally located position with the added benefit of a large public parking lot directly behind the building. Current operations are limited by staffing, presenting a significant opportunity for expansion and increased profitability. The current owner is offering up to six months of training to ensure a smooth transition. The monthly rent is a manageable $1,500, and the property offers potential for adding a complementary business to further enhance revenue streams. This is a rare chance to acquire a long-standing, successful business with significant growth potential. The business is being sold as a whole
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Wayne
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3835
- Latitude
- 42.2862
- 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
$3,141
$0.00
$0.00
$52,400
-
$0.00
$0.00
$104,800
