Industrial Flex Space For
836 Livernois St, Ferndale, MI 48220
For Sale
$1,299,000
Industrial flex space with great access to major roads.
Property Size9,326 SF
Price / SF$139.29
Days on Market412
Property Features for 836 Livernois St
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Signature Associates - Southfield
Listed By:
Dave Miller
(248) 613-5192
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:46AM
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 Signature Associates - Southfield
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Investment Insights
Based on property information with market context.
This 9,326 square-foot industrial flex space is available for purchase. The property is fully sprinklered and includes a Generac natural gas generator mounted on the roof, providing full building power. A security system with cameras is in place. The building is in good condition and ready for immediate occupancy. The surrounding area features a mix of industrial, office, and retail properties. The location provides convenient access to 8 Mile Road, Woodward Avenue, and I-75, facilitating transportation and logistics.
Key Highlights
- Great access to 8 Mile Road, Woodward Avenue and I‑75.
- Generac, full building, natural gas generator (roof mounted).**
- Fully sprinklered.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,457
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,929,140
$1.9M
Cap Rate 7%
$1,377,957
$1.4M
Cap Rate 9%
$1,071,744
$1.1M
Market Conditions
NOI Build-Up for 9,326 SF
Gross rent
$167.9K $18.00/SF
− Vacancy
−$19.5K −$2.09/SF
EGI
$148.4K $15.91/SF
− OpEx
−$51.9K −$5.57/SF
NOI
$96.5K $10.34/SF
Area
Oakland County, MI
Vacancy
11.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,929,140
Cap Rate 7%
$1,377,957
Cap Rate 9%
$1,071,744
Alternative Uses
Best Use
Flex RnD
$1.38M
$1.21M – $1.61M
NOI $96,457 @ 7.0% cap · market cap 7.43%
Second Best
Industrial
$660.1K
$577.6K – $770.1K
NOI $46,207 @ 7.0% cap · market cap 3.56%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.35M
NOI $140,808 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,269
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
$229,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Oakland County, MI
Properties on Market for Industrial properties in Oakland County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial flex space with great access to major roads.
Where is this industrial property located?
The property is located at 836 Livernois St Ferndale, MI.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Great access to 8 Mile Road, Woodward Avenue and I‑75.; Generac, full building, natural gas generator (roof mounted).**; Fully sprinklered.
