930 E Drayton St, Ferndale, MI
Industrial property available for purchase in Ferndale, Michigan.
- Added:
- Aug 26, 2025
- Days on Market:
- 290
- Last Refresh:
- May 20 at 9:31 pm
Property Features for 930 E Drayton St
General Information
- Standard status
- Active
- Size
- 11,200 SF
- Lot size
- 0.66 Acres
- Property subtype
- INDUSTRIAL
Listing agent Nick Gitary (248) 535-8454
Listing office L. Mason Capitani, Inc. (248) 535-8454
Listing date Aug 26, 2025
Source Moodyscre
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 L. Mason Capitani, Inc.
HighLights
- Industrial property available for purchase.
- Located in Ferndale, Michigan.
- Additional property details available.
Overview
Local Financial Insights For Industrial
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 | $82.3k | $7.35 |
| − Vacancy | −$3.0k | −$0.27 |
| EGI | $79.3k | $7.08 |
| − OpEx | −$23.8k | −$2.12 |
| NOI | $55.5k | $4.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1255
- Latitude
- 42.4663
