Parking & Garage

Berkley, MI Parking Lots & Garages for Sale

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Parking Garage with Multiple Entrances
Updated: Jan 7
Parking Garage with Multiple Entrances

3490 12 MILE Road Unit SourceFi, Berkley, MI 48072

$5,900,000
69,878 sqft
Over 2.5‑acre downtown Berkley parking property with a dedicated parking garage
Multiple parking lot entrances and easy access for deliveries
Convenient access—just seconds from Woodward Ave
Walking distance to Royal Oak Beaumont
City plan proposal: luxury high‑rise condominiums with shops and dining at street level
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Berkley, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Truck Terminal with Parking
Truck Terminal with Parking

24650 Sherwood Avenue, Center Line, MI 48015

$1,600,000
14,776 sqft 1.60 AC lot

Industrial building with dedicated truck parking, forced-air heating, and public water service.

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Truck Parking Investment Opportunity
Truck Parking Investment Opportunity

24650 Sherwood Ave, Center Line, MI 48015

$1,600,000
1.60 AC lot

Well-maintained building with truck parking available for sale.

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Land for Development Opportunity
Land for Development Opportunity

19700 WOODWARD Ave, Detroit, MI 48203

$600,000
0.13 AC lot

Land suitable for development, ideal for fast food location.

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Detroit Parking Lot For Sale
Detroit Parking Lot For Sale

18301 HARTWELL St, Detroit, MI 48235

$75,000
0.23 AC lot

9,800 SF parking lot with alley access.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pontiac Land Development Opportunity
Pontiac Land Development Opportunity

151 SOUTH Boulevard W, Pontiac, MI 48341

$74,000
0.22 AC lot

Vacant land in Pontiac's growth corridor, near M1 Concourse.

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Commercial Land Zoned C2
Commercial Land Zoned C2

Davisburg, MI 48350

$249,900
4.40 AC lot

4.4-acre parcel rezoned to C2 with well and septic service for storage, retail, and related uses.

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Urban Nature Recreation Land
Urban Nature Recreation Land

426 E Michigan Avenue, Kalamazoo, MI 49007

$200,000
4.10 AC lot

Vacant parcel with parking, a walking trail, native plantings, and a bridge to wetlands.

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Commercial Lot with River Frontage
Commercial Lot with River Frontage

203 S Main Street, Three Rivers, MI 49093

$52,000
1.07 AC lot

One-acre commercial lot with frontage on the St. Joseph River.

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Berkley, MI Parking Lots & Garages Market Trends and Statistics

Explore 1 parking lots & garages for sale in Berkley, MI on our real estate platform. These investment opportunities span a total of 69,878 square feet of properties for sale, with an estimated market value of $5,900,000.

Sale prices for parking garages in Berkley, MI average $5,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Spaces 28
Office Units 18
Retail properties & Spaces 16
Medical Office Space 14
Retail space 10

Demographics Overview

Population 15K
Population Growth (5Y) -1.8%
Median Household Income $113,103
College Educated 80.6%

High-Yield Neighborhoods for Investment

Identify Berkley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48072 $5.9M

Taxes & Financing

Tax Rate (average for all types) 4.15%
Property Tax per SF $22.86 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Berkley fall within the 10,000 to 25,000 square foot range.

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