13700 Woodward Ave, Highland Park, MI 48203-5900
This exceptional eight-story Class C executive office building, located at 13700 Woodward Avenue in Highland Park, Michigan, presents a compelling investment opportunity. Boasting 34,488 square feet of space, the building is currently offered at $3,448,800, translating to $100 per square foot. Constructed in 1925 and renovated in 1960, the property sits on a 0.29-acre lot within a Central Business District (CBD) permitted zoning area. The building features eight individual units, providing flexibility for various occupancy scenarios. The property includes a basement and fenced parking. Note that the adjacent 13714 Woodward Avenue is not included in this sale. This multi-tenant building offers a strong potential for return on investment in a vibrant location. The property's substantial size and prime location in Wayne County, Michigan, zip code 48203, make it an attractive prospect for investors seeking a well-established office building in a desirable area. The building's history and solid construction provide a stable foundation for future growth and development. Serious inquiries are encouraged to explore this unique opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.