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6501 Wayne Rd Westland, MI 48185-2713

OFF-MARKET Drug stores Google Maps
10,852 SF 1.92 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$2.10M
Range $1.89M – $2.30M (±10%)
Property ID US43-1858370

Property summary

AI-generated overview

This exceptional 10,972 square foot retail space, located at 6501 N Wayne Rd in Westland, Michigan, presents a significant opportunity for a single-tenant business. The property is completely vacant and ready for immediate occupancy, offering a blank canvas for your vision. Situated in Wayne County, the building benefits from a highly visible location along N Wayne Rd, ensuring excellent exposure to potential customers. The property is zoned CB-3 (General Commercial Business), allowing for a wide range of commercial uses. The building's substantial size provides ample space for a variety of retail concepts, from large-format stores to smaller businesses requiring significant storage or display areas. With its convenient location in Westland, MI, 48185, this property offers easy access to major transportation routes and a strong local customer base. The single-tenant occupancy ensures complete control and flexibility for the lessee. This is an ideal opportunity for a business seeking a prominent location with significant square footage in a thriving commercial area. The property is available for lease and offers a unique chance to establish a strong presence in the Westland market. Interested parties are encouraged to inquire for further details and leasing information.

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2002
Total area 10,852 SF
Lot 1.92 ac (83,635 SF)
APN 56 034 99 0030 704
UPID US43-1858370

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Pharmacy
  • Bank Credit Union
  • Atm
  • Atm Crypto Atm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.72M
Blend (final) Blend
$2.10M

Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2016
Price N/A
2007
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.8M +138.9%
Apartment house (5+ units) $2.5M +112.7%
Commercial (general) $2.1M +81.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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