Property profile

22007 Woodward St Ferndale, MI 48220

OFF-MARKET
Industrial properties
9,009 SF 0.19 ac lot Built 1919
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9,000 square foot industrial property, situated on the prestigious Woodward Avenue in Ferndale, MI, presents a unique opportunity for businesses seeking a high-visibility location. The meticulously maintained building offers a blend of modern amenities and versatile workspace, ideal for a variety of uses. The thoughtfully designed layout includes multiple private offices, collaborative work areas, and a welcoming reception area, creating a professional and productive environment. State-of-the-art features such as a modern kitchen, recreation space, and a unique loft area cater to employee well-being and foster creativity. Efficient climate control systems ensure year-round comfort, while multiple private entrances provide flexibility and privacy. This 0.19-acre lot provides ample space for operations and potential expansion. The property's prime location within Ferndale's thriving business district offers easy access to a vibrant community, clients, and a skilled workforce. This is a rare opportunity to secure a premier location that will significantly enhance your business's profile and success. The asking price is $1,475,000.

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 9,009 SF
Lot 0.19 ac (8,276 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22007 Woodward St Ferndale, MI 48220
Ferndale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 22007 Woodward St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message