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Financial
Distress signals
Property profile

7957 Wayne Rd Westland, MI 48185

OFF-MARKET
Banks
Property ID
US43-0900584
5,457 SF 1.29 ac lot Built 1979
Last sale Dec 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial site on 1.29 acres zoned CB-3 (General Commercial Business). It includes 5,487 square feet of space configured for retail or office use and provides 43 surface parking spaces. The site is located in the Southern I-275 Corridor submarket and is approximately a 25-minute drive to Detroit Metropolitan Airport.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value · 2024$634k
Effective rate5.87%

Value estimate

· Oct 2026
$475k
$428k – $523k
Submarket $/SF estimate$1.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$151/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$76 – $215

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.9
Daycare Center11.1
Bakery10.7

Location

7957 Wayne Rd Westland, MI 48185-1109
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7325 Middlebelt, Westland, MI 48185-2501 $337,500 Mar 2025 2,674 SF
31385 Joy, Westland, MI 48185-7075 $2,034,286 Aug 2022 3,270 SF
36111 Frd, Westland, MI 48185-2206 $160,000 Oct 2021 7,718 SF
34447 Frd, Westland, MI 48185-3007 $200,000 Apr 2021 2,960 SF
36700 Frd, Westland, MI 48185-3770 $550,000 Apr 2020 3,934 SF
7349 Middlebelt, Westland, MI 48185-2501 $150,000 Feb 2020 4,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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