Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    22720 Woodward Ave Ferndale, MI 48220

    • Office buildings
    • 16,111 SF
    • 0.19 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US43-1801261
    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 buildings

    Property Details for 22720 Woodward Ave

    Year built
    1954
    Lot size
    0.19 lot acres
    Property size
    16,111 SF
    Zone code
    BI
    Property type
    Office buildings
    APN
    24-25-34-127-009
    APU
    242534127009

    Description

    This exceptional mixed-use property at 22720 Woodward Avenue in Ferndale, Michigan offers 7,985 square feet of retail and office space, ideally situated in the Royal Oak Vicinity submarket within Oakland County. The building features five individual suites, perfect for businesses seeking flexible space options. Currently, 3,040 square feet are available for lease, with individual suites ranging from a minimum of 520 square feet to a maximum contiguous space of 960 square feet. The property is zoned CBD, providing excellent access to amenities and high visibility. Tenancy is multiple, allowing for a diverse range of businesses to coexist. While on-site parking is not provided, ample city parking is readily available. The building includes elevators for convenient access to all floors. This location offers a unique opportunity for businesses seeking a vibrant and accessible location in the heart of Ferndale, with easy access to Woodward Avenue and its bustling commercial activity. The property's mixed-use zoning allows for a variety of business types, making it an ideal location for a range of commercial enterprises. Inquire today to learn more about leasing opportunities within this dynamic and well-located building. The zip code is 48220.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1335
    Latitude
    42.4601
    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
    2023
    $20,094
    $0.00
    $0.00
    $727,460
    -
    $0.00
    $0.00
    $1,454,920

    Comparable in this City

    • Value Estimation by Request
      12,160 SF

      130 9th Mile Rd

      OFFICE BUILDING • 12,160 SF
      130 9th Mile Rd, Ferndale, MI 48220-3728
      View Details
    • Value Estimation by Request
      986 SF

      23340 Woodward Ave

      OFFICE BUILDING • 986 SF
      23340 Woodward Ave, Ferndale, MI 48220-1302
      View Details
    • Value Estimation by Request
      3,990 SF

      407 9th Mile Rd

      OFFICE BUILDING • 3,990 SF
      407 9th Mile Rd, Ferndale, MI 48220-1721
      View Details
    • Value Estimation by Request
      1,597 SF

      963 Allen St

      OFFICE BUILDING • 1,597 SF
      963 Allen St, Ferndale, MI 48220-2478
      View Details
    • Value Estimation by Request
      3,804 SF

      3055 Hilton Rd

      OFFICE BUILDING • 3,804 SF
      3055 Hilton Rd, Ferndale, MI 48220-1096
      View Details
    • Value Estimation by Request
      2,954 SF

      726 Livernois St

      OFFICE BUILDING • 2,954 SF
      726 Livernois St, Ferndale, MI 48220-2307
      View Details

    Similar Nearby for Sale

    • $1,499,000

      Multi-Unit Building with Recent Updates

      Well-maintained multi-unit building with garage and ample parking.
      624 Livernois St, Ferndale, MI 48220
      View Details
    • $975,000
      6,279 SF

      Executive Office Building, Ferndale

      Prime Ferndale location, 6,279 SF office space.
      1415 Wordsworth St, Ferndale, MI 48220
      View Details
    • $299,000
      1,228 SF

      Ferndale Office Space For Sale

      Office space in Ferndale's Cultural Arts District for sale.
      150 Livernois St, Ferndale, MI 48220
      View Details
    • $4,500,000
      18,699 SF

      Ferndale Executive Office Building

      18,699 SF Class A Office Space
      130 Nine Mile Rd, Ferndale, MI 48220
      View Details
    • $1,890,000
      11,028 SF

      Prime Ferndale Mixed-Use Property

      11,028 SF Restaurant/Bar/Office - $1.89M
      345 Nine Mile Rd, Ferndale, MI 48220
      View Details
    • $295,000
      1,710 SF

      Renovated Office/Retail Space in Ferndale

      Recently renovated office/retail space with dedicated parking and highway access.
      1915 E 9 Mile Rd, Ferndale, MI 48220
      View Details

    Similar Nearby for Lease

    • $4,500,000
      12,466 SF

      Ferndale Office Loft For Lease

      Class A office space in a vintage, urban loft building.
      130 E 9 Mile Rd, Ferndale, MI 48220
      View Details
    • $1,000 /Mo
      6,600 SF

      Ferndale Creative/Loft Office Space

      Office space available in Ferndale, just south of I-696.
      2505 Hilton Rd, Ferndale, MI 48220
      View Details
    • $14 SF/Yr
      1,520 SF

      Ferndale Office Space Available

      Office suites available for lease in Ferndale, Michigan.
      360 Hilton Rd, Ferndale, MI 48220
      View Details
    • $8 SF/Yr
      10,500 SF

      High-End Industrial/Flex Building For Rent

      10,500 SF industrial/flex building with warehouse and office space.
      930 E Lewiston Ave, Ferndale, MI 48220
      View Details
    • $1,000 /Mo
      500 SF

      Downtown Ferndale Office Space Above Toast

      Turnkey office space in prime downtown Ferndale location.
      23150 Woodward Ave, Ferndale, MI 48220
      View Details
    • $10 SF/Yr
      6,279 SF

      Prime Ferndale Executive Office Space

      6,279 SF Office, Single Tenant Available
      1415 Wordsworth St, Ferndale, MI 48220
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22720 Woodward Ave
    Ferndale, MI 48220
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.