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    Property profile & analytics

    150 Livernois St Ferndale, MI 48220

    • Office buildings
    • 1,228 SF
    • 0.33 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US43-1594218
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 150 Livernois St

    Year built
    1960
    Lot size
    0.33 lot acres
    Property size
    1,228 SF
    Property type
    Office buildings
    APN
    24-25-34-351-037
    APU
    242534351037

    Description

    This exceptional 1,235 square foot office space is ideally situated in Ferndale's vibrant Cultural Arts District. The single-tenant occupancy provides privacy and control, perfect for a growing business or established firm. The property boasts ample onsite parking, a significant advantage in this highly desirable location. Monthly rent is $1,900, plus utilities. This location offers unparalleled walkability, with a Walk Score of 82, placing it within easy reach of numerous amenities and attractions. Enjoy the convenience of being just steps away from the Ferndale Project (Eastern Market Brewing Company), adding to the lively and engaging atmosphere of this thriving neighborhood. The modern design and spacious layout create a comfortable and productive work environment. This is a rare opportunity to secure a prime office space in a sought-after area known for its artistic flair and thriving community. The property is ready for immediate occupancy, offering a seamless transition for your business. Don't miss this chance to establish your presence in the heart of Ferndale's dynamic cultural scene. Contact us today to schedule a viewing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1419
    Latitude
    42.4469
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $2,742
    $0.00
    $0.00
    $41,100
    -
    $0.00
    $0.00
    $82,200

    Comparable in this City

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      407 9th Mile Rd

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    • Value Estimation by Request
      2,954 SF

      726 Livernois St

      OFFICE BUILDING • 2,954 SF
      726 Livernois St, Ferndale, MI 48220-2307
      View Details

    Similar Nearby for Sale

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    • $299,000
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      Ferndale Office Space For Sale

      Office space in Ferndale's Cultural Arts District for sale.
      150 Livernois St, Ferndale, MI 48220
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    Similar Nearby for Lease

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    • $8 SF/Yr
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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
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