Listing Agency: NAI Farbman

Listed By: Michael Ziecik · License #6502389850 Show Phone

Source: Cpix.resimplifi

Added: Aug 14, 2025 Changed: Aug 14 Last Checked: Sep 5 at 3:49AM

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Investment Insights

Based on property information with market context.

This for-lease industrial land parcel includes one acre of fenced outdoor space. The lot is improved with an asphalt milling surface, providing a durable work area for appropriate industrial uses.

The property is located at 1405 Academy St in Ferndale, MI 48220. Potential tenants should verify suitability and any operational requirements based on the intended use.

With fencing and a paved surface already in place, the site is positioned for businesses seeking secure, ready-to-use outdoor space.

Key Highlights

• One‑acre lot available for lease
• Fenced property
• Asphalt milling surface

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

824

Businesses Nearby

Explore this area Business Placement

Demographics for 48220, MI

21,564

Population

12,003

Households

1.8

Avg Household Size

37

Median Age

53%

College-Educated

96%

High-School Grad

4.4 sq mi

ZIP Area

4,901

Density / Sq Mi

$86,095

Median Household Income

$54,557

Median Earnings

$1,191

Median Rent

$229,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - One-acre fenced lot with an asphalt milling surface available for lease.

Where is this industrial land located?

The property is located at 1405 Academy St Ferndale, MI.

What are key features of this property?

This property features: One‑acre lot available for lease; Fenced property; Asphalt milling surface