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    1500 Academy St Ferndale, MI 48220

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    For Lease
    Contact for pricing

    One acre fenced lot for lease with asphalt milling surface.

    Property size:
    1 SF
    Lot size:
    1.00 Acre

    Property Features for 1500 Academy St

    General Information

    Size
    1 SF
    Lot size
    1.00 Acre

    Source: Michael Ziecik Agent Michael Ziecik

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fenced One Acre Lot

    This one-acre lot is available for lease. The property is fenced and features an asphalt milling surface. It is located near Hilton Road and E. 9 Mile Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.11249
    Latitude
    42.457853

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    FAQs

    What type of property is this?
    Land - One acre fenced lot for lease with asphalt milling surface.
    Where is this land located?
    The property is located at 1500 Academy St Ferndale, MI.
    What are key features of this property?
    This property features: - One Acre Lot available for lease; - Fenced for security; - Located near Hilton Road and E. 9 Mile Road
    (248) 736-9900
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    1500 Academy St Ferndale, MI 48220
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    Ferndale, MI 48220
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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
    1500 Academy St Ferndale, MI 48220
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