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    Property profile & analytics

    Ferndale, MI 48220

    • Industrial properties
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-1007557
    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

    • Industrial properties

    Property Details

    Lot size
    0.96 lot acres
    Zone code
    IV
    Property type
    Industrial properties
    APN
    24-25-27-406-005
    APU
    242527406005

    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
    -83.129
    Latitude
    42.4678
    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
    $5,622
    $0.00
    $0.00
    $119,130
    -
    $0.00
    $0.00
    $238,260

    Comparable in this City

    • Value Estimation by Request
      38,457 SF

      1280-1306 Hilton Rd

      Distribution properties • 38,457 SF
      1280-1306 Hilton Rd, Ferndale, MI 48220
      View Details
    • Value Estimation by Request
      22,552 SF

      850 9 Mile Rd

      Distribution properties • 22,552 SF
      850 9 Mile Rd, Ferndale, MI 48220
      View Details
    • Value Estimation by Request
      0.27 Acres

      Ferndale, MI 48220

      INDUSTRIAL (GENERAL) • 0.27 Acres
      Ferndale, MI 48220
      View Details
    • Value Estimation by Request
      0.51 Acres

      Ferndale, MI 48220

      INDUSTRIAL (GENERAL) • 0.51 Acres
      Ferndale, MI 48220
      View Details
    • Value Estimation by Request
      0.49 Acres

      726 Cambourne St

      INDUSTRIAL (GENERAL) • 0.49 Acres
      726 Cambourne St, Ferndale, MI 48220
      View Details
    • Value Estimation by Request
      0.71 Acres

      250 Fair St

      INDUSTRIAL (GENERAL) • 0.71 Acres
      250 Fair St, Ferndale, MI 48220-2634
      View Details

    Similar Nearby for Sale

    • $1,299,000
      9,326 SF

      Ferndale Flex Space - $1.3M

      9,326 SF Flex Space, Ready to Occupy
      836 Livernois St, Ferndale, MI 48220
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    • $995,000
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      Ferndale Industrial Building For Sale

      High-Visibility Woodward Ave. Industrial Space
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      Ferndale Industrial Property for Sale

      Industrial property available for purchase in Ferndale, Michigan.
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    • $1,399,999
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      Ferndale Industrial Investment Opportunity

      Multi-unit building, high rental income, low maintenance.
      624 Livernois St, Ferndale, MI 48220
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    • $1,299,000
      9,326 SF

      Industrial Flex Space For Sale

      Industrial flex space with great access to major roads.
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    • $4,500,000
      57,031 SF

      Industrial Property with Vacant Lot

      Industrial building with vacant lot near I-75 and Woodward.
      1640 E 9 Mile Rd, Ferndale, MI 48220
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    Similar Nearby for Lease

    • $9 SF/Yr
      16,000 SF

      Ferndale Warehouse: 16,000 SF Available

      Multiple suites, flexible space, ideal for distribution.
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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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    • $14 SF/Yr
      6,500 SF

      Creative Flex Space For Rent

      6,500 SF creative flex space available for lease.
      1220-1260 Woodward Hts, Ferndale, MI 48220
      View Details
    • $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
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    • $14 SF/Yr
      50,000 SF

      Creative Space in Ferndale Available

      9,500 SF creative space for lease in Ferndale.
      1200 Woodward Hts, Ferndale, MI 48220
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    • $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
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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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