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    Berkley, MI Parking Lots & Garages for Sale

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    Office Site with Parking Garage
    Updated: Mar 16, 2023
    Office Site with Parking Garage

    3490 12 Mile Rd, Berkley, MI 48072

    Contact for pricing
    69,878 sqft
    Office property on over 2.5 acres in downtown Berkley
    Multiple parking lot entrances and a uniquely featured parking garage
    Easily accessible for deliveries
    Seconds from Woodward Ave and walkable to Royal Oak Beaumont
    City plan proposal indicates luxury high‑rise condos with shops and dining at street level
    View details
    See hot listings in Berkley

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Berkley, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    M1 Concourse Private Garage Unit
    M1 Concourse Private Garage Unit

    161 W SPEED Way, Pontiac, MI 48341

    $949,000
    1,190 sqft 0.03 AC lot

    Trackside garage with patio, mezzanine, and stylish finishes.

    View details
    Former Car Dealer & Collision Shop
    Former Car Dealer & Collision Shop

    102 W State Fair, Detroit, MI 48203

    $299,900

    Empty automotive shell with an existing bathroom, plus a fully gated parking lot on an included parcel.

    View details
    Detroit Parking Lot For Sale
    Detroit Parking Lot For Sale

    18301 HARTWELL Street, Detroit, MI 48235

    $75,000

    9,800 SF parking lot with alley access.

    View details
    M1 Concourse Private Garage
    M1 Concourse Private Garage

    264 APEX Dr, Pontiac, MI 48341

    $274,900
    0.01 AC lot

    Private garage unit in a community of auto enthusiasts.

    View details

    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.

    Commercial Land Near M1 Concourse
    Commercial Land Near M1 Concourse

    151 SOUTH Boulevard W, Pontiac, MI 48341

    $74,000
    0.22 AC lot

    Vacant parcel along South Boulevard W opposite the entrance to M1 Concourse.

    View details
    C2 Commercial Land
    C2 Commercial Land

    Davisburg, MI 48350

    $249,900
    4.40 AC lot

    The parcel is zoned C2 and served by well water and a septic tank.

    View details

    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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Spaces 15
    Retail properties & Spaces 14
    Office Units 9
    Retail space 9
    Storefront properties 7

    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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