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    Property profile & analytics

    3101 Bermuda St Ferndale, MI 48220-1060

    • Warehouses
    • 62,715 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    May 23, 2022
    Location Intelligence
    Property ID
    US43-4298840
    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

    • Warehouses

    Property Details for 3101 Bermuda St

    Year built
    2000
    Property size
    62,715 SF
    Property type
    Warehouses
    APN
    24-25-27-252-004
    APU
    242527252004

    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
    -83.1324
    Latitude
    42.4715
    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
    $51,373
    $0.00
    $0.00
    $1,148,730
    -
    $0.00
    $0.00
    $2,297,460

    Comparable in this City

    • Value Estimation by Request
      12,390 SF

      1360 8th Mile Rd

      WAREHOUSE, STORAGE • 12,390 SF
      1360 8th Mile Rd, Ferndale, MI 48220-2340
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    • Value Estimation by Request
      7,056 SF

      686 Livernois St

      WAREHOUSE, STORAGE • 7,056 SF
      686 Livernois St, Ferndale, MI 48220-2304
      View Details
    • Value Estimation by Request
      18,871 SF

      Ferndale, MI 48220

      WAREHOUSE, STORAGE • 18,871 SF
      Ferndale, MI 48220
      View Details
    • Value Estimation by Request
      15,809 SF

      1135 9th Mile Rd

      WAREHOUSE, STORAGE • 15,809 SF
      1135 9th Mile Rd, Ferndale, MI 48220-1936
      View Details
    • Value Estimation by Request
      16,986 SF

      2660 Burdette St

      WAREHOUSE, STORAGE • 16,986 SF
      2660 Burdette St, Ferndale, MI 48220-1465
      View Details
    • Value Estimation by Request
      4,150 SF

      2440 Goodrich St

      WAREHOUSE, STORAGE • 4,150 SF
      2440 Goodrich St, Ferndale, MI 48220-1441
      View Details

    Similar Nearby for Sale

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      Ferndale Industrial Building For Sale

      High-Visibility Woodward Ave. Industrial Space
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    • $1,299,000
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      Industrial Flex Space For Sale

      Industrial flex space with great access to major roads.
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    Similar Nearby for Lease

    • $7 SF/Yr
      4,000 SF

      Ferndale Warehouse Space For Rent

      Recently renovated 4,000 square foot warehouse space available for lease.
      1541-1561 8 Mile Rd, Ferndale, MI 48220
      View Details
    • $8 SF/Yr
      10,500 SF

      High-End Industrial/Flex Building For Rent

      10,500 SF industrial/flex building with warehouse and office space.
      930 E Lewiston Ave, Ferndale, MI 48220
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    • $9 SF/Yr
      16,000 SF

      Ferndale Warehouse: 16,000 SF Available

      Multiple suites, flexible space, ideal for distribution.
      8915 Northend Ave, Ferndale, MI 48220
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    • $5,900 /Mo
      7,020 SF

      Light Industrial Building on 8 Mile

      Warehouse with renovated office, high ceilings, and heavy-duty crane.
      1521 E 8 Mile Rd, Detroit, MI 48220
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    • $1,300 /Mo

      Ferndale Garage Space for Rent

      Versatile garage space near downtown Ferndale, ideal for storage.
      522 E 9 Mile Rd, Ferndale, MI 48220
      View Details
    • $100 SF/Yr

      Ferndale Warehouse with Renovated Office

      Light industrial building for lease with renovated office space.
      1521 E 8 Mile Rd, Hazel Park, MI 48220
      View Details

    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      935
    • Avg Time on site
      42 min
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    3101 Bermuda St
    Ferndale, MI 48220-1060
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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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