Property profile

34203 Frd Rd Westland, MI 48185

OFF-MARKET
Day care centers
Property ID
US43-1675160
7,308 SF 0.76 ac lot Built 1969
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1969
Total area 7,308 SF
Lot 0.76 ac (33,106 SF)
APN 56 041 01 0843 005
UPID US43-1675160

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
  • Daycare Center

Location

34203 Frd Rd Westland, MI 48185-3089
Westland metro Census 567900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$533k
Blend (final) Blend
$285k

Owner & transaction history

since 2015
2 recorded transactions
2017
Price N/A
2015
$345,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $800,000 +91.1%
Retail stores $785,000 +86.8%
Medical building $710,000 +69.3%

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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