City-Approved Apartment Development
For Sale
Contact for pricing
637 Livernois St, Ferndale, MI 48220
Land is city approved for a 24-unit apartment development with convenient access to major roads and freeways.
Property SizeContact for details
Lot Size0.50 Acres
Days on Market75
Property Features for 637 Livernois St
General Information
Standard status
Active
Lot size
0.50 Acres
Property subtype
LAND
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
24
Listing Agency:
Colliers
(248) 540-1000
Listed By:
Raffi Derbabian
(248) 540-1000
Source:
Moodyscre
Added: Jun 8
Changed: Aug 14
Last Checked: Aug 14 at 7:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers
Investment Insights
Based on property information with market context.
This city-approved land parcel is set up for a 24-unit apartment development. The property offers a foundation for multi-family development, with flexibility referenced in the public remarks for residential, commercial, or medical uses.
The site is described as having convenient access to major roads and freeways and is located in the vibrant area of Ferndale, surrounded by restaurants and shops.
Prospective buyers should review development requirements and use possibilities with the appropriate local authorities, as the available information highlights the 24-unit apartment approval and a broad range of potential end uses.
The site is described as having convenient access to major roads and freeways and is located in the vibrant area of Ferndale, surrounded by restaurants and shops.
Prospective buyers should review development requirements and use possibilities with the appropriate local authorities, as the available information highlights the 24-unit apartment approval and a broad range of potential end uses.
Key Highlights
- City‑approved for a 24‑unit apartment development
- Convenient access to major roads and freeways
- Located in Ferndale, surrounded by restaurants and shops
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,062
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land is city approved for a 24-unit apartment development with convenient access to major roads and freeways.
Where is this residential land & home lot located?
The property is located at 637 Livernois St Ferndale, MI.
What are key features of this property?
This property features: City‑approved for a 24‑unit apartment development; Convenient access to major roads and freeways; Located in Ferndale, surrounded by restaurants and shops
