Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4237 Wayne Rd Wayne, MI 48184-2112

    • Commercial land
    • 1.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 04, 2020
    Location Intelligence
    Property ID
    US43-1284616
    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

    • Commercial land

    Property Details for 4237 Wayne Rd

    Lot size
    1.13 lot acres
    Property type
    Commercial land
    APN
    55 018 03 0302 001
    APU
    55018030302001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3867
    Latitude
    42.2764
    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
    $4,604
    $0.00
    $0.00
    $60,300
    -
    $0.00
    $0.00
    $120,600

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      3448 Gloria St, Unit 68

      VACANT COMMERCIAL LAND • 0.07 Acres
      3448 Gloria St, Wayne, MI 48184-1999
      View Details
    • Value Estimation by Request
      0.17 Acres

      Hubbard

      VACANT COMMERCIAL LAND • 0.17 Acres
      Hubbard, Wayne, MI 48184
      View Details
    • Value Estimation by Request
      0.31 Acres

      35806 Michigan Ave

      VACANT COMMERCIAL LAND • 0.31 Acres
      35806 Michigan Ave, Wayne, MI 48184-1631
      View Details
    • Value Estimation by Request
      0.84 Acres

      Michigan Ave

      VACANT COMMERCIAL LAND • 0.84 Acres
      Michigan Ave, Wayne, MI 48184
      View Details
    • Value Estimation by Request
      0.48 Acres

      3448 Mildred St

      VACANT COMMERCIAL LAND • 0.48 Acres
      3448 Mildred St, Wayne, MI 48184-1900
      View Details
    • Value Estimation by Request
      0.16 Acres

      3445 Mildred St

      VACANT COMMERCIAL LAND • 0.16 Acres
      3445 Mildred St, Wayne, MI 48184-1926
      View Details

    Similar Nearby for Sale

    • $65,000

      Land Parcel in Wayne, Michigan

      Land parcel in the heart of Wayne, Michigan.
      35080 Chestnut St, Wayne, MI 48184
      View Details
    • Contact for pricing

      Development Ready Corner Pad Site

      2+/- acre pad site at signalized corner, ready for development.
      39401 Ecorse Rd, Wayne, MI 48184
      View Details
    • $699,000

      Prime Commercial Land on Michigan

      2.33 acres of commercial land in Canton Township.
      44125 Michigan Ave, Canton, MI 48184
      View Details
    • $159,000

      Commercial Land on Michigan Avenue

      Commercial land with frontage on Michigan Avenue in Canton Township.
      44161 Michigan Ave, Canton, MI 48184
      View Details
    • Contact for pricing
      190,831 SF

      Wayne, MI Commercial Land

      7.03 AC commercial land across from Ford Assembly Plant.
      37630- Michigan Ave, Wayne, MI 48184
      View Details
    • Contact for pricing

      Residential Lot Near Transportation

      Residential lot suitable for building a custom home, close to transportation.
      35757 E Michigan Ave, Wayne, MI 48184
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo

      Downtown Wayne Office Space Available

      1200 sq ft office space for lease in Wayne.
      32508 Michigan Ave, Wayne, MI 48184
      View Details
    • $14 SF/Yr
      6,000 SF

      Clean Flex Space For Lease

      Flex space with frontage and parking available for lease.
      4000-4050 2Nd St, Wayne, MI 48184
      View Details
    • Contact for pricing
      8,294 SF

      Medical Office Space For Lease

      Medical office space for lease near Corewell Health Wayne Hospital.
      4811 Venoy Rd, Wayne, MI 48184
      View Details
    • $12 SF/Yr
      23,264 SF

      Prime Wayne County Office Space

      Executive Suites, High Visibility, I-275 Corridor
      35100-35350 Michigan Ave, Wayne, MI 48184
      View Details
    • $3,500 /Mo

      Retail Space in Thriving District

      Two adjacent buildings for rent in Wayne's business district.
      35812-35816 W Michigan Ave, Wayne, MI 48184
      View Details
    • $15 SF/Yr
      2,413 SF

      Retail Space on Michigan Avenue

      High-traffic retail corridor with flexible suite sizes available for rent.
      35300-35354 E Michigan Ave, Wayne, MI 48184
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4237 Wayne Rd
    Wayne, MI 48184-2112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.