How much does being near a freeway affect the value of a home?

There's a house in Livonia, Michigan that is a few doors away from the service drive to the I-96 freeway. It's a 3-bedroom, 2-bath brick ranch with a 2-car attached garage, family room, and fireplace. It also has a finished basement. Similar houses in the neighborhood would sell for about $140k if completely renovated and painted. This house also backs up to a Bob Evans restaurant, and you can look across the backyard and see Costco and Home Depot in the distance. How much would this affect the price of the house compared to one that's further back into the subdivision? I would imagine that the freeway noise would be a turn-off to most buyers.