37500 FrdWestland, MI 48185

  • Drive through restaurants
  • 1,900 SF
Off market
$8,616,260 Estimated

Property Details for 37500 Frd

Year built
2019
Lot size
0.86 AC
Property size (Sq ft)
1,900 SF
Property type
Drive through restaurants
APN
56 028 01 0021 301
APU
56028010021301

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $478,128
    6.5%
    $441,349
    7%
    $409,824
  • Comparable approach

    Method
    Valuation
    Relative Method
    $447,870
    Geo Method
    $447,870
  • Alternative Use

    Use
    Valuation
    Residential
    $372,294
    Hospitality
    $341,020
    Educational
    $283,724
    Medical
    $293,482
    Retail
    $441,349

Location Insight

City
Westland
County
Wayne
State
Michigan
Latitude
42.3244
Longitude
-83.4099
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
$17,839
-
-
$290,600
-
-
-
$581,200

Property Visit Statistics

  • Visits by month
    12.3k
  • Visitors by month
    10.1k
  • Avg Time on site
    10 min

FAQs

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