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Property profile & analytics

22100 Woodward Ave Ferndale, MI 48220-1813

  • Retail space
  • 4,159 SF
  • 0.11 lot acres
OFF-MARKET
Value Estimation
$680,000
Last Sale
Apr 09, 2025
$725,000
Location Intelligence
Property ID
US43-5251884
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

  • Retail space

Property Details for 22100 Woodward Ave

Year built
1927
Lot size
0.11 lot acres
Property size
4,159 SF
Zone code
BI
Property type
Retail space
APN
24-25-34-254-007
APU
242534254007

Description

This exceptional office space, located at 22100 Woodward Avenue in Ferndale, Michigan, offers a prime opportunity for businesses seeking a traditional office environment. The property is a multi-tenant building with a total of 5,400 square feet, and currently has 4,100 square feet immediately available for lease. Situated in Oakland County, this location provides easy access to major transportation routes and amenities. The building's traditional office design offers a professional and functional workspace. The available space is ideal for a variety of businesses, providing ample room for growth and expansion. The address is conveniently located at 22100 Woodward Avenue, Ferndale, MI 48220. Interested parties should inquire about lease terms, including the first month's rent and security deposit. This is a fantastic opportunity to secure a well-located, spacious office in a thriving community. The property is classified as a traditional office building and is part of a multi-tenant occupancy. The building's size and layout offer a comfortable and productive work environment. Don't miss out on this chance to establish your business in this desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $660,000
  • CAP approach

    CAP return
    Estimation
    6%
    $700,000
    6.5%
    $720,000
    7%
    $810,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $640,000
    Geo Method
    $770,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $810,000
    Retail
    $735,000
    Mixed-Use
    $680,000
    Hospitality
    $845,000
    Educational
    $800,000
    Residential Income
    $875,000
    Energy
    $710,000
    Income-Based Land
    $755,000
    Food Service
    $880,000

Location Insight

  • Map
  • Local Demand
City
Ferndale
County
Oakland
State
Michigan
Longitude
-83.1305
Latitude
42.4555
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
$9,430
$0.00
$0.00
$214,260
-
$0.00
$0.00
$428,520
More about this property
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