Technical
Financial
Distress signals
Property profile

23625 Woodward Ave Ferndale, MI 48220

OFF-MARKET
Medical Office Space
Property ID
US43-1076806
1,866 SF 0.12 ac lot Built 1955
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1955
Total area 1,866 SF
Lot 0.12 ac (5,227 SF)
Zoning code BI
APN 24-25-27-154-020
UPID US43-1076806

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office

Location

23625 Woodward Ave Ferndale, MI 48220-2769
Ferndale metro Census 173200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2013
1 recorded transaction
2013
$182,000

Zoning & alternative use

BI · Ferndale, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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