Constructed in 1963, the block-structured specialty property contains six units with listed areas of approximately 470 square feet, 850 square feet, 2,200 square feet each for Units 300 and 400, 1,600 square feet, and 1,400 square feet. The property includes an attached garage of approximately 600 square feet featuring a 12-foot-by-10-foot door. Parking consists of 20 on-site spaces, with additional street parking available, and storage is provided in areas associated with occupied spaces; some units historically operated under longer lease terms.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$11k

Tax billed · 2023

Assessed value · 2024$345k

Effective rate3.17%

Value estimate

· Nov 2026

$265k

$239k – $292k

Submarket $/SF estimate$961k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?

$176/SF

ZIP average, outlier-cleaned · 30 recorded sales of this use type

Observed band · Q1–Q3$103 – $236

Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm13.1

Garden Center10.6

Dental Office9.8

624 Livernois St Ferndale, MI 48220-2963

County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby

Address Sale price Sold Size

22600 Woodward, Ferndale, MI 48220-1810 $1,820,000 Sep 2024 9,629 SF

611 9th Mile, Ferndale, MI 48220-1760 $860,000 Jun 2024 6,108 SF

927 Hilton, Ferndale, MI 48220-2522 $1,050,000 Jul 2022 8,400 SF

561 8th Mile, Ferndale, MI 48220-2653 $1,850,000 Apr 2022 5,393 SF

22940 Woodward, Ferndale, MI 48220-1737 $565,000 Jan 2022 4,562 SF

1930 Hilton, Ferndale, MI 48220-1923 $742,050 Jan 2022 5,010 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$945,000

9,227 SF

801 Livernois St

RETAIL STORES (PERSONAL SERVICES)

801 Livernois St, Ferndale, MI 48220-2308

View Details
Value Estimation by Request
8,808 SF

726 Hilton Rd

GROCERY, SUPERMARKET

726 Hilton Rd, Ferndale, MI 48220-2546

View Details
Value Estimation
$1,135,000

8,100 SF

22961 Woodward Ave

RETAIL STORES (PERSONAL SERVICES)

22961 Woodward Ave, Ferndale, MI 48220-1739

View Details
Value Estimation
$1,930,000

14,515 SF

640 8th Mile Rd

RETAIL STORES (PERSONAL SERVICES)

640 8th Mile Rd, Ferndale, MI 48220-2441

View Details
Value Estimation
$1,515,000

14,767 SF

23459 Woodward Ave

RETAIL STORES (PERSONAL SERVICES)

23459 Woodward Ave, Ferndale, MI 48220-1343

View Details
Value Estimation
$3,035,000

15,770 SF

Ferndale, MI 48220

RETAIL STORES (PERSONAL SERVICES)

Ferndale, MI 48220

View Details

Similar Nearby for Sale

Contact for pricing
4,340 SF

Woodward Avenue Salon Storefront

C-2 storefront with a finished salon layout, dedicated parking, and direct Woodward Avenue exposure.

23365 Woodward Ave, Ferndale, MI 48220

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New

Contact for pricing
3,574 SF

Flex Space with Overhead Door

CBD-zoned flex property with dual-address configuration and on-site parking.

517-523 W Nine Mile Road, Ferndale, MI 48220

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New

$1,500,000

3,100 SF

Single-Tenant Net Leased Retail Property

Net-leased retail building with direct Woodward Avenue frontage for a hands-off ownership profile under NNN terms.

22740 Woodward Ave, Ferndale, MI 48220

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Similar Nearby for Lease

Contact for pricing
1,890 sqft

Ferndale Retail/Office Space Available

Prime 1,890 SF space near Ferndale's vibrant scene.

21203 Woodward Avenue, Ferndale, MI 48220

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New

Contact for pricing
1,655 sqft

Mixed-Use Retail Suite

Ground-level space supports retail, service, or office use within a new apartment development.

409 E 9 Mile Rd, Ferndale, MI 48220

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$30 SF/Yr

1,000 sqft

Retail Space on Nine Mile

Retail space available for lease on West Nine Mile Road.

501 West Nine Mile Road, Ferndale, MI 48220

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New

$2,295/Mo

Open-Plan Mixed-Use Space

Two enclosed rooms, storage, reception, and central heating and air conditioning support a flexible commercial layout.

747 W 9 Mile Rd, Ferndale, MI 48220

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$2,600/Mo

800 sqft

High-Ceiling Retail Storefront

Flexible storefront space accommodates salon, retail, or office use with abundant natural light in downtown Ferndale.

259 W 9 Mile, Ferndale, MI 48220

View Details
$2,100/Mo

Corner Retail Suite

Renovated interior, expansive windows, and on-site parking support commercial uses subject to zoning and landlord approval.

4805 Livernois, Detroit, MI 48220

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624 Livernois St Ferndale, MI 48220

Property summary