Property summary
This exceptional retail property, located at 22824 Woodward Avenue in Ferndale, Michigan, offers a fantastic opportunity for a discerning business owner. The property boasts a total of 1,399 square feet of space, ideal for a variety of retail uses. Currently configured as a single-tenant space, this property presents a blank canvas for your vision. The building is situated in Oakland County, within the vibrant city of Ferndale, and benefits from a highly visible location on Woodward Avenue. … The property's address is 22824 Woodward Ave, Ferndale, MI 48220. The zip code is 48220. Geographic coordinates are 42.460943 latitude and -83.1342623 longitude. The property type is retail, with a single tenancy. While the listing indicates 1,640 square feet as vacant, this may be a discrepancy and should be verified independently. The current lease agreement has a five-year term. This property presents a unique opportunity to establish or expand your business in a thriving and highly desirable location. Further details regarding the property's condition and potential lease terms are available upon request. Serious inquiries only.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,399 SF
- Lot area
- 0.06 ac
- Year built
- 1930
- Stories
- 1
- APN
- 24-25-27-382-006
- Zoning
- BI
- Assessed value · 2024
- $125,850
- Annual tax · 2023
- $7,081
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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