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    Property profile & analytics

    38418 Frd Rd Westland, MI 48185-1926

    • Drive through restaurants
    • 3,770 SF
    • 1.68 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-0880136
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Coffee Shop / Hamburger Restaurant

    Property Details for 38418 Frd Rd

    Year built
    1997
    Lot size
    1.68 lot acres
    Property size
    3,770 SF
    Property type
    Drive through restaurants
    APN
    56 027 99 0022 001
    APU
    56027990022001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westland
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4187
    Latitude
    42.3244
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,573
    $0.00
    $0.00
    $394,200
    -
    $0.00
    $0.00
    $788,400

    Comparable in this City

    • Value Estimation by Request
      2,207 SF

      7126 Wayne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,207 SF
      7126 Wayne Rd, Westland, MI 48185-6740
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    • Value Estimation by Request
      2,739 SF

      35505 Frd Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,739 SF
      35505 Frd Rd, Westland, MI 48185-3113
      View Details
    • Value Estimation by Request
      2,362 SF

      8068 Wayne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,362 SF
      8068 Wayne Rd, Westland, MI 48185-1110
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    • Value Estimation by Request
      3,071 SF

      6925 Wayne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,071 SF
      6925 Wayne Rd, Westland, MI 48185-2174
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    • Value Estimation by Request
      1,831 SF

      7725 Wayne Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,831 SF
      7725 Wayne Rd, Westland, MI 48185-2012
      View Details
    • Value Estimation
      $1,375,000
      4,193 SF

      34410 Frd Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,193 SF
      34410 Frd Rd, Westland, MI 48185-3008
      View Details

    Similar Nearby for Sale

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      Retail hub in Westland with high traffic and visibility.
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    Similar Nearby for Lease

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      Turn-Key Restaurant Opportunity

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    • $25 SF/Yr
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      Turnkey Restaurant Space For Rent

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      Westland Retail/Office/Medical Space Available

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      Retail Space in Canton Corners

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    Property Visit Statistics

    • Visits by month
      40.0k
    • Visitors by month
      26.2k
    • Avg Time on site
      10 min
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    38418 Frd Rd
    Westland, MI 48185-1926
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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