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    1521 E 8 Mile Rd Hazel Park, MI 48220

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    For Lease
    $100 SF/Yr

    Light industrial building for lease with renovated office space.

    Lot size:
    0.16 Acres

    Property Features for 1521 E 8 Mile Rd

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1960

    Source: Community Choice Realty Inc Agent Daniel M Salmo

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

    Overview

    Ferndale Warehouse with Renovated Office

    This light industrial building for lease is located east of Woodward in Ferndale. Zoned Commercial 201 - BUSINESS, IMPROVED, the warehouse is suited for various uses including warehouse, storage, distribution, automotive, retail, landscaping, medical, and supplies. The building is in great condition and features a fully renovated office that is heated and cooled. The warehouse is heated and has ceilings around 20 ft. high, an 18 ft. garage door height, a heavy-duty crane, 400 amp 3-phase power, and ample parking. A wide road behind the building accommodates semi-trucks. The property offers visibility off 8 Mile and is located minutes from I-75 and 696 freeway, making it a suitable location for logistics.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hazel Park
    County
    Oakland
    State
    Michigan
    Longitude
    -83.086888
    Latitude
    42.447666

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    FAQs

    What type of property is this?
    Warehouse - Light industrial building for lease with renovated office space.
    Where is this warehouse located?
    The property is located at 1521 E 8 Mile Rd Hazel Park, MI.
    What is the lease rate?
    The lease rate is $100 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Highly visible location directly on 8 Mile in Ferndale, with quick access to I-75 and 696 freeways, ideal for logistics.; - Flexible Zoning: Zoned Commercial 201, allowing for a wide range of uses including warehouse, storage, retail, automotive, and more.; - Functional Warehouse Features: Includes 20 ft ceilings, 18 ft garage door height, heavy-duty crane, and 400 amp 3-phase power.
    (586) 480-5555
    Request Owner's contact information
    1521 E 8 Mile Rd Hazel Park, 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
    1521 E 8 Mile Rd Hazel Park, MI 48220
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