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00 Vester Street St - 2.16 Acre Development Opportunity | Vester St

2.16 Acres of Commercial Land in Ferndale, MI 48220

Investment Highlights

  • 381,338 population within a 5 mile radius.
  • Walking distance to downtown Ferndale.
  • $94,170 average household income within a 3 mile radius.
  • 20 minute drive to downtown Detroit.

Executive Summary

CBRE is pleased to offer for sale 2.16 Acres in Ferndale, MI. This infill site assemblage offers a developer the rare opportunity to build +/- 200 Apartments & 7,500 SF Retail in one of the most trendy and fast-growing suburbs in Metro Detroit, MI.
- Can be one large development site, or a small site south of Vester St and a large site north of Vester St.
- Consists of 9 parcels, a vacated street (Vester), totaling 2.16 acres

Property Facts

Sale Type Investment
Sale Conditions Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Apartment Units
Total Lot Size 2.16 AC

1 Lot Available

Lot

Lot Size 2.16 AC

Can be one large development site, or a small site south of Vester St and a large site north of Vester St.

Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-27-491-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$32,890

zoning

Zoning Code C-2 (General Commercial) (Commercial)
C-2 (General Commercial) (Commercial)
  • Listing ID: 30964583

  • Date on Market: 2/15/2024

  • Last Updated:

  • Address: 00 Vester Street St, Ferndale, MI 48220

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