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    Property profile & analytics

    330 8th Mile Rd Ferndale, MI 48220-2439

    • Motels
    • 7,673 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 10, 2022
    Location Intelligence
    Property ID
    US43-1082908
    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

    • Motels

    Property Details for 330 8th Mile Rd

    Year built
    1958
    Lot size
    0.51 lot acres
    Property size
    7,673 SF
    Zone code
    BI
    Property type
    Motels
    APN
    24-25-34-455-037
    APU
    242534455037

    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
    -83.1285
    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
    2023
    $21,764
    $0.00
    $0.00
    $307,470
    -
    $0.00
    $0.00
    $614,940

    Comparable in this City

    • Value Estimation
      $1,130,000
      100,795 SF

      11000 8th Mile Rd

      MOTEL • 100,795 SF
      11000 8th Mile Rd, Ferndale, MI 48220-2960
      View Details
    • Value Estimation by Request
      0.91 Acres

      600-644 Vester St

      Land • 0.91 Acres
      600-644 Vester St, Ferndale, MI 48220
      View Details
    • Value Estimation by Request

      1443 Bonner St

      COMMERCIAL (GENERAL)
      1443 Bonner St, Ferndale, MI 48220-1908
      View Details
    • Value Estimation by Request
      0.41 Acres

      1956 Burdette St

      INDUSTRIAL - VACANT LAND • 0.41 Acres
      1956 Burdette St, Ferndale, MI 48220-1969
      View Details
    • Value Estimation by Request
      0.13 Acres

      2020 Burdette St

      INDUSTRIAL (GENERAL) • 0.13 Acres
      2020 Burdette St, Ferndale, MI 48220-1401
      View Details
    • Value Estimation by Request
      0.10 Acres

      251 Bennett Ave

      VACANT COMMERCIAL LAND • 0.10 Acres
      251 Bennett Ave, Ferndale, MI 48220-2425
      View Details

    Similar Nearby for Sale

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      Retail Property in Ferndale, MI

      Retail property available for sale in Ferndale, Michigan.
      22061 Woodward Ave, Ferndale, MI 48220
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    • $475,000
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      Freestanding Retail Building in Ferndale

      2,644 SF retail building on 0.19-acre lot near downtown.
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      57,031 SF

      Industrial Property with Vacant Lot

      Industrial building with vacant lot near I-75 and Woodward.
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    Similar Nearby for Lease

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      6,500 SF

      Creative Flex Space For Rent

      6,500 SF creative flex space available for lease.
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      Ferndale Center Retail Space Available

      Prime Ferndale retail space, multiple units.
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      650 SF

      Remodeled Studio Apartment in Ferndale

      Lower-level studio near downtown Ferndale, move-in ready.
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      View Details
    • $4,500,000
      12,466 SF

      Ferndale Office Loft For Lease

      Class A office space in a vintage, urban loft building.
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    • $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
    • $1,000 /Mo
      6,600 SF

      Ferndale Creative/Loft Office Space

      Office space available in Ferndale, just south of I-696.
      2505 Hilton Rd, Ferndale, MI 48220
      View Details
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    330 8th Mile Rd
    Ferndale, MI 48220-2439
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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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