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    Property profile & analytics

    177 Vester St Ferndale, MI 48220-1711

    • Bars
    • 4,731 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 14, 2023
    Location Intelligence
    Property ID
    US43-1731877
    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

    • Bars

    Property Details for 177 Vester St

    Year built
    1928
    Lot size
    0.15 lot acres
    Property size
    4,731 SF
    Zone code
    ME
    Property type
    Bars
    Property subtype
    Pubs
    APN
    24-25-27-381-025
    APU
    242527381025

    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
    -83.1334
    Latitude
    42.4618
    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
    2023
    $7,902
    $0.00
    $0.00
    $305,130
    -
    $0.00
    $0.00
    $610,260

    Comparable in this City

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      4,688 SF

      22828 Woodward Ave

      BAR, TAVERN • 4,688 SF
      22828 Woodward Ave, Ferndale, MI 48220-1735
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      2,040 SF

      1851 9th Mile Rd

      BAR, TAVERN • 2,040 SF
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    • Value Estimation
      $610,000
      4,563 SF

      141 9th Mile Rd

      BAR, TAVERN • 4,563 SF
      141 9th Mile Rd, Ferndale, MI 48220-1730
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    • Value Estimation by Request
      2,632 SF

      261 9th Mile Rd

      BAR, TAVERN • 2,632 SF
      261 9th Mile Rd, Ferndale, MI 48220-2078
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    • Value Estimation by Request
      2,649 SF

      1309 9th Mile Rd

      BAR, TAVERN • 2,649 SF
      1309 9th Mile Rd, Ferndale, MI 48220-2019
      View Details

    Similar Nearby for Sale

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      Ferndale Retail Investment Opportunity

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    Similar Nearby for Lease

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    • Contact for pricing

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      Ferndale Executive Office/Distribution Space

      4,300 SF Office/Distribution Space Available
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    177 Vester St
    Ferndale, MI 48220-1711
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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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