Financial
Distress signals
Property profile

150 Livernois St Ferndale, MI 48220

FOR SALE
Office buildings
Property ID
US43-1594218
1,228 SF 0.33 ac lot Built 1960
Last sale Sep 2023 · $170,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is a 1,235-square-foot office space located in Ferndale’s Cultural Arts District on Livernois, just north of 8 Mile. The property includes on-site parking and is within walking distance of the Ferndale Project (Eastern Market Brewing Company). The area is characterized by a Walk Score of 82, indicating it is very walkable.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$3k
Tax billed · 2019
Assessed value$41k
Effective rate6.67%

Value estimate

· Sep 2026
$240k
$216k – $264k
NOI build-up
Gross scheduled income$7k
Vacancy & credit loss−$2k
Operating expenses−$1k
NOI · 1.41% cap applied$4k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 427 recorded sales of this use type
Observed band · Q1–Q3$71 – $167
Qualifying comparables12

Cap rate analysis

How does the asset earn?
1.41%
$4k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.7
Dental Office13.3
HVAC Service11.4

Location

150 Livernois St Ferndale, MI 48220
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22305 Woodward, Ferndale, MI 48220-1816 $235,000 Aug 2024 959 SF
660 Livernois, Ferndale, MI 48220-2304 $300,000 Mar 2024 1,518 SF
2840 Hilton, Ferndale, MI 48220-1015 $312,000 Jan 2024 2,710 SF
3345 Hilton, Ferndale, MI 48220-3607 $75,000 Mar 2021 1,192 SF
460 Hilton, Ferndale, MI 48220-2535 $215,000 Jul 2020 2,360 SF
561 Livernois, Ferndale, MI 48220-2984 $3,900 Jul 2020 2,370 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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