22100 Woodward Ave Ferndale, MI 48220-1813
- Retail space
- 4,159 SF
- 0.11 lot acres
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
-
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