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    30178 Woodward Ave Royal Oak, MI 48073

    Sponsored
    For Lease
    $38 SF/Yr ($15,041 /Mo)

    Prime Woodward Ave. Shopping Center

    Lot size:
    4,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,750 square foot retail space is available for lease at 30178 Woodward Avenue in Royal Oak, Michigan. Situated on a 0.3-acre lot, this single-tenant property offers ample space for a variety of retail businesses. The building boasts 30 parking spaces, ensuring convenient access for customers. The property is zoned B-1, allowing for a range of commercial uses. The entire 4,750 square feet is currently vacant, presenting a unique opportunity for a business to establish a prominent presence on a busy Woodward Avenue corridor in Oakland County. The address is highly visible and benefits from significant foot and vehicle traffic. This location offers excellent visibility and accessibility, making it an ideal space for a business seeking high exposure. The property's size and parking capacity make it suitable for a variety of retail concepts. The B-1 zoning provides flexibility for potential tenants. This is a rare opportunity to secure a prime retail space in a thriving Michigan community. The property is located in the 48073 zip code. Interested parties should inquire for lease terms and conditions. The property is ready for immediate occupancy.

    Property Features for 30178 Woodward Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,750 SF
    Total Rate
    15041.67

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,750 SF
    Rate per SF
    $38

    HighLights

    • Woodward Avenue frontage provides excellent street exposure.
    • High visibility ensures strong brand recognition and customer traffic.
    • Ample parking with approximately 30 spaces available.
    • High traffic counts guarantee significant pedestrian and vehicular exposure.
    • Suitable for retail, medical, or patio restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1795961
    Latitude
    42.511698

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Woodward Ave. Shopping Center
    Where is this lifestyle center located?
    The property is located at 30178 Woodward Ave Royal Oak, MI.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: Woodward Avenue frontage provides excellent street exposure.; High visibility ensures strong brand recognition and customer traffic.; Ample parking with approximately 30 spaces available.
    Request Owner's contact information
    30178 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
    30178 Woodward Ave Royal Oak, MI 48073
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