Property profile

8926 8th Mile Rd Ferndale, MI 48220

OFF-MARKET
Drive through restaurants
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Property ID
US43-0264576
1,820 SF 0.46 ac Built 1978
Last sale Jun 2014·$564,811
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$136k
Effective rate5.86%

Value estimate

· Nov 2026
$170k
$153k – $187k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$50 – $147
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BI
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 Firm26.8
Realty agency23.9
Dental Office17.6

Location

8926 8th Mile Rd Ferndale, MI 48220-2263
County assessor Recorded deeds · 11 transfers 6 qualifying comp sales Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
145 9th Mile, Ferndale, MI 48220-1730 $640,000 Jan 2026 1,706 SF
22110 Woodward, Ferndale, MI 48220-1813 $725,000 Apr 2025 1,378 SF
140 Vester, Ferndale, MI 48220-1712 $529,014 Jan 2025 2,410 SF
21468 Woodward, Ferndale, MI 48220-2544 $460,000 Oct 2024 2,423 SF
23337 Woodward, Ferndale, MI 48220-1362 $395,000 Sep 2024 1,671 SF
1415 Bertha, Ferndale, MI 48220-2324 $165,000 Sep 2024 1,618 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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