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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
Price N/A
2014
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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