1805 E 9 Mile Road, Ferndale, MI 48220
- Added:
- Nov 12, 2025
- Days on Market:
- 236
- Last Refresh:
- Jul 6 at 10:06 am
Property Features for 1805 E 9 Mile Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- APN
- 25-26-456-037
- Size
- 2,644 SF
- Lot size
- 0.19 Acres
Utilities
- Water source
- Public
Building Details
- Year built
- 1956
Listing agent Evan Lyszczyk License #6501428411 (586) 980-1171
Listing office KW Platinum 31525 23 Mile Rd., Chesterfield, MI (586) 949-0200
Listing date Nov 12, 2025
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HighLights
- Freestanding retail building with 2,644 SF of commercial space
- 0.19‑acre lot with ample parking
- Built in 1956
- Public water source available
- Zoned MXD‑2
- Located just west of I‑75 and minutes from downtown Ferndale
Overview
Located at 1805 E 9 Mile Road in Ferndale, the property is described as just west of I-75 and minutes from downtown Ferndale. The site sits within a surrounding mix of commercial and residential development, supporting a neighborhood-serving retail environment.
Zoned MXD-2, the building may be a practical fit for an owner-occupant looking for a freestanding storefront with parking, as well as for an investor considering a long-term retail holding in a mixed-use zoning district. With its dedicated retail footprint and on-site parking, it can accommodate businesses seeking visibility and convenient customer access in the Ferndale-Royal Oak area.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.4k | $16.80 |
| − Vacancy | −$3.8k | −$1.43 |
| EGI | $40.6k | $15.37 |
| − OpEx | −$12.2k | −$4.61 |
| NOI | $28.5k | $10.76 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Longitude
- -83.112891
- Latitude
- 42.461292
