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    1415 Wordsworth St Ferndale, MI 48220

    Sponsored
    For Lease
    $10 SF/Yr ($5,698 /Mo)

    6,279 SF Office, Single Tenant Available

    Lot size:
    6,279 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,279 square foot executive office building, located at 1415 Wordsworth Street in Ferndale, Michigan, presents a unique opportunity for a single tenant. The property boasts a two-story design situated on a half-acre lot, offering ample space and privacy. The entire building is currently vacant, providing immediate occupancy for a discerning business. The building's total square footage is 6,279 square feet, all available for lease. The property is classified as an executive office space, suggesting a high-quality build and finish. Its location in Ferndale, Michigan, zip code 48220, offers convenient access to local amenities and transportation networks. The property's single-tenant occupancy ensures exclusive use and control of the entire building. This presents a rare chance to secure a substantial and well-appointed office space in a desirable location. The building's size and layout are ideal for a company seeking a prominent and functional headquarters. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The property is for lease and ready for immediate occupancy. The address is 1415 Wordsworth Street, Ferndale, MI 48220.

    Property Features for 1415 Wordsworth St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,279 SF
    Total Rate
    5698.19

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available space
    Size
    6,279 SF
    Rate per SF
    $10

    HighLights

    • $975,000 Asking Price
    • $5,700/Month NNN Lease Rate Available
    • Land Contract Financing Option Available
    • 6,279 Square Foot Building
    • 0.50‑Acre Lot Size
    • Fully Fenced with Dual Access Gates
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.11436
    Latitude
    42.4537397

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    FAQs

    What type of property is this?
    Office Property / Space - 6,279 SF Office, Single Tenant Available
    Where is this office property / space located?
    The property is located at 1415 Wordsworth St Ferndale, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: $975,000 Asking Price; $5,700/Month NNN Lease Rate Available; Land Contract Financing Option Available
    Request Owner's contact information
    1415 Wordsworth St Ferndale, MI 48220
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    Ferndale, MI 48220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1415 Wordsworth St Ferndale, MI 48220
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