Financial
Distress signals
Property profile

37500 Frd Rd Westland, MI 48185

OFF-MARKET
Drive through restaurants
Property ID
US43-1939035
1,900 SF 0.86 ac lot Built 2019
Last sale Jul 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a fee simple, NNN-designated retail site configured as a single-tenant ground lease arrangement historically occupied by Taco Bell of America, LLC, with a long-term lease structure and no landlord responsibilities assigned. It sits on a 0.863-acre lot at the northwest quadrant of Ford Road and Newburgh Road in Westland, Michigan. The site benefits from roadway exposure on Ford Road and Newburgh Road, with Interstate 275 located approximately 1.6 miles away. The surrounding area

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?
$18k
Tax billed · 2023
Assessed value · 2024$291k
Effective rate6.14%

Value estimate

· Sep 2026
$320k
$288k – $352k
Submarket $/SF estimate$721k

Realmo valuation models over county records and 10 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 comparables10

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.7
Law Firm21.3
Dental Office19.0

Location

37500 Frd Rd Westland, MI 48185-1923
County assessor Recorded deeds · 1 transfer 10 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
35135 Warren, Westland, MI 48185-5571 $300,000 Jan 2025 1,272 SF
35650 Frd, Westland, MI 48185-3117 $600,000 Sep 2024 1,920 SF
1020 Wayne, Westland, MI 48185-3633 $85,000 Jan 2024 2,382 SF
29424 Ann Arbor, Westland, MI 48185-2541 $320,000 Nov 2023 1,490 SF
36313 Frd, Westland, MI 48185-2208 $270,000 Oct 2022 1,592 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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