3131 Wayne Rd Wayne, MI 48184-1220
Property profile & analytics
3131 Wayne Rd Wayne, MI 48184-1220
- Retail space
- 951 SF
- 0.05 lot acres
Property ID
US43-1167557
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 3131 Wayne Rd
- Year built
- 1947
- Lot size
- 0.05 lot acres
- Property size
- 951 SF
- Property type
- Retail space
- APN
- 55 003 07 0008 000
- APU
- 55003070008000
Description
This exceptional retail property, located at 3131 S Wayne Rd in Wayne, Michigan, presents a fantastic turn-key opportunity. The 951-square-foot free-standing building, built in 1947 and recently renovated, is ideally suited for a variety of retail uses, particularly given its history as a hair salon. Situated on a 0.05-acre lot (APN 55-003-07-0008-000), the property benefits from its convenient location near downtown Wayne and ample city parking, ensuring easy customer access. The B-2 Business Neighborhood zoning allows for a range of commercial uses. The building's prime location on S Wayne Rd, a high-traffic area with 20,052 vehicles passing daily, provides excellent visibility and exposure for any business. Offered at $115,000 ($120.93/sq ft), this single-story building represents a compelling investment opportunity in a thriving commercial area. The property's recent renovations minimize upfront capital expenditures, allowing a new owner to focus on business operations immediately. This is a rare chance to acquire a well-positioned, move-in ready retail space in a desirable Michigan location.
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
- 42.2861
- 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
$1,931
$0.00
$0.00
$35,400
-
$0.00
$0.00
$70,800
