Financial
Distress signals
Property profile

34410 Ford Rd Westland, MI 48185

FOR LEASE
Drive through restaurants
Property ID
US43-1142882
4,193 SF 0.52 ac lot Built 2000
Last sale Nov 2022 · $1,487,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. 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

Wildwood Plaza presents a compelling retail investment opportunity in Wayne County. This strip center totals 4,035 square feet, with 1,955 square feet currently vacant, offering immediate potential for expansion or new tenancy. The property boasts a convenient location within a thriving commercial area, ensuring high visibility and accessibility for businesses. The C-1 zoning allows for a variety of retail uses, providing flexibility for potential tenants. Ample parking is available, with 20

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value · 2024$417k
Effective rate6.36%

Value estimate

· Sep 2026
$1.38M
$1.24M – $1.51M
Submarket $/SF estimate$1.12M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 61,737.50% cap applied$20k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$257/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$99 – $379
Qualifying comparables5

Cap rate analysis

How does the asset earn?
61,737.50%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency61.8
Law Firm42.1
Dental Office37.6

Location

34410 Ford Rd Westland, MI 48185
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales 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 · 18 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
36403 Warren, Westland, MI 48185-3839 $265,000 Dec 2024 6,016 SF
36440 Frd, Westland, MI 48185-2211 $1,157,000 Aug 2024 3,050 SF
6500 Newburgh, Westland, MI 48185-1993 $3,600,000 Jan 2023 4,513 SF
31385 Joy, Westland, MI 48185-7075 $2,034,286 Aug 2022 3,270 SF
30775 Ann Arbor, Westland, MI 48185-2473 $525,000 Jun 2022 6,640 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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