Property profile

22824 Woodward Ave Ferndale, MI 48220

OFF-MARKET
Bars & Pubs
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Property ID
US43-1647781
1,399 SF 0.06 ac Built 1930
Last sale Oct 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

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. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$126k
Effective rate5.63%

Value estimate

· Nov 2026
$210k
$189k – $231k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm29.7
Dental Office24.6
Realty agency20.5

Location

22824 Woodward Ave Ferndale, MI 48220-1735
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3255 Hilton, Ferndale, MI 48220-1058 $45,000 Dec 2025 1,236 SF
22110 Woodward, Ferndale, MI 48220-1813 $725,000 Apr 2025 1,378 SF
150 Livernois, Ferndale, MI 48220-2302 $170,000 Oct 2024 1,228 SF
23337 Woodward, Ferndale, MI 48220-1362 $395,000 Sep 2024 1,671 SF
1415 Bertha, Ferndale, MI 48220-2324 $165,000 Sep 2024 1,618 SF
23426 Woodward, Ferndale, MI 48220-1344 $205,000 May 2022 1,316 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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