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    Property profile & analytics
    OFF-MARKET Estimated value $1,450,000
    Drive through restaurants

    34410 Frd Rd, Westland, MI 48185-3008

    4,193 SF 0.52 ac lot Built 2000
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1142882
    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 or more spaces accommodating customers and employees. The existing tenants create a strong co-tenancy, fostering a synergistic environment and attracting a diverse customer base. This property's strategic location near major transportation arteries ensures convenient access for both customers and employees, contributing to its overall appeal and potential for consistent revenue generation. The combination of high visibility, ample parking, strong co-tenancy, and a desirable location makes Wildwood Plaza an exceptional investment opportunity for those seeking a stable and profitable retail venture. The significant vacant space presents a unique chance to customize and tailor the property to meet the specific needs of a new tenant, maximizing its potential for long-term success. This is a chance to capitalize on a prime retail location in a dynamic commercial environment.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2000
    Total area 4,193 SF
    Lot 0.52 ac (22,651 SF)
    APN 56 035 99 0016 000
    UPID US43-1142882
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Total By Verizon Mobile Phone Store Electronics & Wireless Store
    • Big Lots Gift Shop (Bike/Boat/Book/etc) Store
    • Westland Garage Door Repair Experts Building Supply General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.12M
    Blend (final) Blend
    $1.45M
    Owner & transaction history
    Wildwood Investment Property LLC · 3 yrs held
    Wildwood Investment Property LLC
    since 2022
    Last sale
    $1.5M
    4 recorded transactions
    2022
    $1.5M
    2014
    2014
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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