Commercial Land
10500 Eight Mile Road Ferndale, MI 48220
Details & Description
Price: $299,999
    Potential drive-thru site, development ready and adjacent to a 24 hour Burger King. The property is also situated in front of Henry Ford Kingswood Hospital. This is a very high traffic location that is underserved. Ground Lease available, call broker for details.SURROUNDING BUSINESSES:Burger King, Kroger, Henry Ford Hospital, and many others.
    Listing Agents
    Anthony Vitale

    O: 248-488-2620
    avitale@landmarkcres.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    10500 Eight Mile Road

    Ferndale, MI 48220

    Listing ID: 262367
    10500 Eight Mile Road Ferndale, MI 48220 | for Sale | Photo 1
    Building Size: --
    Lot Size: 0.770 AC
    Land Size: 33,541 SF
    Building $/SF:
    Land $/SF: $8.94
    Price
    $299,999
    Description

    Potential drive-thru site, development ready and adjacent to a 24 hour Burger King. The property is also situated in front of Henry Ford Kingswood Hospital. This is a very high traffic location that is underserved. Ground Lease available, call broker for details.

    SURROUNDING BUSINESSES:

    Burger King, Kroger, Henry Ford Hospital, and many others.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Detroit History of Commercial Land for Sale

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    Ferndale Area Market Trends

    Listing Demographics for 10500 Eight Mile Road Ferndale, MI 48220

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population16,774167,938406,333
    Population Median Age393939
    Population by Age0-9 Yrs1786 (10%)19690 (11%)46618 (11%)
    10-19 Yrs2447 (14%)20060 (11%)48377 (11%)
    20-29 Yrs2750 (16%)27018 (16%)64200 (15%)
    30-39 Yrs1778 (10%)21737 (12%)53371 (13%)
    40-49 Yrs2009 (11%)20809 (12%)49880 (12%)
    50-59 Yrs1941 (11%)20689 (12%)53339 (13%)
    60-69 Yrs1881 (11%)19327 (11%)47883 (11%)
    70+ Yrs2183 (13%)18608 (11%)42666 (10%)
    Median HH Income$37,856$47,118$45,724
    Total Household Income< 24K2256 (31%)18735 (27%)49843 (29%)
    25-49K2366 (33%)17421 (25%)40632 (24%)
    50-74K1105 (15%)11904 (17%)27866 (16%)
    75-99K665 (9%)7501 (10%)18024 (10%)
    100-199K593 (8%)10804 (15%)26300 (15%)
    200K+129 (1%)2623 (3%)5980 (3%)
    Highest Education LevelNo Diploma14901092730411
    Diploma or GED31342904975729
    Some College33903151872662
    Assoc. Degree1164980222958
    Bachelors Degree14342082348773
    Higher Degree7071433832059
    Total Housing Units8,03079,617205,843
    --Owner-Occupied3,85741,373100,935
    --Renter-Occupied3,25827,61567,711
    Owner-Occupied Values< 100K30002005750062
    100-199K5621208028347
    200-299K190470113341
    300-399K3722425034
    400-499K410261756
    500K+6412672394
    Total Working Age Population13,547136,179330,842
    In Work Force7,29283,734201,019
    Not In Work Force6,25552,445129,823
    Workforce Employed6,22974,909180,512
    Workforce Unemployed1,0638,79820,384
    Civlian Workforce7,29283,707200,896
    Military Workforce027123
    Total Households7,11568,987168,645
    Family Households3,72737,46591,789
    Non-Family Households3,38831,52276,857
    Married Couple1,15418,49646,718
    Other Family2,57318,96945,071
    Married w/Child3406,25815,881
    Single Male w/Child1871,5303,615
    Single Female w/Child9627,09416,136

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Macomb County788,149+7840,978+5883,020+6933,965
    Oakland County1,194,156+11,202,362+51,264,515+71,350,052
    Wayne County2,061,162-121,820,584-41,741,463-11,730,000

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 10500 Eight Mile Road in Ferndale?
    The asking price for 10500 Eight Mile Road is $299,999
    How much land does the Ferndale, MI property at 10500 Eight Mile Road include?
    10500 Eight Mile Road in Ferndale includes 0.770 acres of land
    What kind of Land is the propery at 10500 Eight Mile Road?
    The property at 10500 Eight Mile Road Ferndale, MI 48220 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 10500 Eight Mile Road in Ferndale?
    The population within 1 mile of 10500 Eight Mile Road Ferndale, MI 48220 is 16,774 people.
    Who do I contact for questions about 10500 Eight Mile Road?
    You should contact the listing agent, Anthony Vitale, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Detroit Metropolitan Wayne County Airport (DTW) 19
    Toledo Express Airport (TOL) 68
    MBS International Airport (MBS) 88