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    31205 Woodward Ave Royal Oak, MI 48073

    • Office Properties & Spaces
    • 2,786 SF
    • 0.21 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US43-0085483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 31205 Woodward Ave

    Year built
    1969
    Lot size
    0.21 lot acres
    Property size
    2,786 SF
    Zone code
    GEN BUS
    Property type
    Office Properties & Spaces
    APN
    72-25-06-454-031
    APU
    722506454031

    Description

    This exceptional 3,677 square foot executive office building, situated at 31205 Woodward Avenue in Royal Oak, Michigan, presents a unique investment opportunity. Built in 1969, this two-story structure sits on a 0.25-acre lot (APN 25-06-454-031) and boasts a prominent 100+ foot frontage on Woodward Avenue, a high-traffic thoroughfare with over 65,000 vehicles passing daily. The property features a flexible GB zoning designation, allowing for a diverse range of uses including office, lab, and retail spaces. The building offers ample natural lighting and an outdoor employee patio area. Inside, you'll find a functional layout with 13 surface parking spaces (a ratio of 3.54 per 1,000 square feet), providing convenient parking for staff and clients. Its convenient location offers easy walkability to numerous restaurants, enhancing its appeal and functionality. This property is a blend of classic charm and modern adaptability, making it an ideal choice for a variety of businesses seeking a high-visibility location in a thriving community. The building's mixed lab/office configuration offers versatility for a range of potential tenants.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1889
    Latitude
    42.5199
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $20,782
    $0.00
    $0.00
    $439,000
    -
    $0.00
    $0.00
    $878,000

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    31205 Woodward Ave
    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
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