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    Property profile & analytics

    5300 Cogswell Rd Wayne, MI 48184-1517

    • Industrial land
    • 2.55 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 30, 2022
    $265,000
    Location Intelligence
    Property ID
    US43-3151343
    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

    • Industrial land

    Property Details for 5300 Cogswell Rd

    Lot size
    2.55 lot acres
    Zone code
    IND-1 LGT IND
    Property type
    Industrial land
    APN
    55 011 99 0010 701
    APU
    55011990010701

    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
    -83.4174
    Latitude
    42.2703
    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
    $5,358
    $0.00
    $0.00
    $70,000
    -
    $0.00
    $0.00
    $140,000

    Comparable in this City

    • Value Estimation by Request
      0.42 Acres

      Hannan

      INDUSTRIAL - VACANT LAND • 0.42 Acres
      Hannan, Wayne, MI 48184
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    • Value Estimation by Request
      4.34 Acres

      Clinton

      INDUSTRIAL - VACANT LAND • 4.34 Acres
      Clinton, Wayne, MI 48184
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      12.30 Acres

      Michigan Ave

      INDUSTRIAL - VACANT LAND • 12.30 Acres
      Michigan Ave, Wayne, MI 48184
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      0.39 Acres

      Michigan Ave

      INDUSTRIAL - VACANT LAND • 0.39 Acres
      Michigan Ave, Wayne, MI 48184
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    • Value Estimation by Request
      2.86 Acres

      36451 Annapolis St

      INDUSTRIAL - VACANT LAND • 2.86 Acres
      36451 Annapolis St, Wayne, MI 48184-1501
      View Details
    • Value Estimation by Request
      0.25 Acres

      Brush

      INDUSTRIAL - VACANT LAND • 0.25 Acres
      Brush, Wayne, MI 48184
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Residential Corner Lot For Sale

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    Similar Nearby for Lease

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      Flex space with frontage and parking available for lease.
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      Downtown Wayne Office Space Available

      1200 sq ft office space for lease in Wayne.
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      Prime Wayne County Office Space

      Executive Suites, High Visibility, I-275 Corridor
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    • $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
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    • $15 SF/Yr
      2,413 SF

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      High-traffic retail corridor with flexible suite sizes available for rent.
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      View Details
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    5300 Cogswell Rd
    Wayne, MI 48184-1517
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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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