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    1640 E 9 Mile Rd Ferndale, MI 48220

    For Sale
    $4,500,000

    Industrial building with vacant lot near I-75 and Woodward.

    Property size:
    57,031 SF
    Lot size:
    0.69 Acres

    Property Features for 1640 E 9 Mile Rd

    General Information

    Size
    57,031 SF
    Lot size
    0.69 Acres

    Source: JLL | Detroit Agent Zach Resnick

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

    Overview

    Industrial Property with Vacant Lot

    This industrial property features 14-18 foot clear heights, two exterior docks, and three 12 x 14 foot grade-level doors. It is equipped with a dry fire suppression system. The sale includes a 0.20-acre vacant lot located across 9 Mile Road. The property benefits from gated parking and outdoor storage, as well as exposure on Nine Mile Road. It is located in proximity to I-75 and Woodward Avenue. The building has a size of 57,031 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Leonard Bros, Expedite Connect Services, iStorage, Extra Space Storage, Near-By Storage Units

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.114508
    Latitude
    42.460515

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    FAQs

    What type of property is this?
    Warehouse - Industrial building with vacant lot near I-75 and Woodward.
    Where is this warehouse located?
    The property is located at 1640 E 9 Mile Rd Ferndale, MI.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - 0.20 acre vacant lot included; - Proximity to I-75 and Woodward Avenue; - Two exterior docks
    (248) 581-3300
    Request Owner's contact information
    1640 E 9 Mile Rd 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
    1640 E 9 Mile Rd Ferndale, MI 48220
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