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    30701 Woodward Ave Royal Oak, MI 48073

    Sponsored
    For Lease
    Contact for pricing

    Modern medical suites, prime Woodward location.

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This four-story Class B medical office building, constructed in 2005, offers exceptional visibility on Woodward Avenue in Royal Oak, Michigan. The Basha Building totals 45,000 square feet and features multiple tenancies, providing flexibility for various medical practices. Currently, there is 10,853 square feet of vacant space available, divisible into units as small as 5,203 square feet. Larger contiguous spaces of up to 5,650 square feet are also available, ideal for expanding practices or groups seeking collaborative space. The building's location at 30701 Woodward Ave, Royal Oak, MI 48073, ensures high traffic and excellent accessibility for patients. The building's 2005 construction ensures modern amenities and efficient layouts, making it an attractive option for medical professionals seeking a well-maintained and conveniently located space. The available space presents a unique opportunity to establish or expand a medical practice in a thriving Royal Oak community. Interested parties should inquire about specific suite availability and lease terms.

    Property Features for 30701 Woodward Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF
    Class
    B

    Building Details

    Year Built
    2005
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 450
    Size
    3,400 SF
    Space
    Suite 350
    Size
    5,203 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Atiya Law Legal Services Pogue Marjorie K Psychologist Dr. Bela S. ... Child Psychiatrist Basha Diagnostics: Basha ... Medical Diagnostic Imaging Center Betty J. Lee, ... Counselor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1842428
    Latitude
    42.5148367

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    FAQs

    What type of property is this?
    Medical office - Modern medical suites, prime Woodward location.
    Where is this medical office located?
    The property is located at 30701 Woodward Ave Royal Oak, MI.
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    30701 Woodward Ave Royal Oak, MI 48073
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    Royal Oak, MI 48073
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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
    30701 Woodward Ave Royal Oak, MI 48073
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