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    Property profile & analytics

    23880 Woodward Ave Pleasant Ridge, MI 48069

    • Medical offices
    • 6,836 SF
    • 0.35 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US43-4833760
    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

    • Romano Law / Insurance Attorney
    • Friedman Law Office Plc / Attorney

    Property Details for 23880 Woodward Ave

    Lot size
    0.35 lot acres
    Property size
    6,836 SF
    Property type
    Medical offices
    Property subtype
    Coworking space

    Description

    This exceptional commercial office property, located at 23880 Woodward Avenue in Pleasant Ridge, offers 2,229 square feet of immediately available space within a 6,836 square foot building. The property boasts a highly visible location on a major thoroughfare, providing easy access to surrounding areas and major highways. The building, renovated in 2024, features two suites, with a minimum divisible space of 917 square feet and a maximum contiguous space of 1,312 square feet. The flexible layout allows for customization to suit various business needs, from individual offices to open-plan workspaces. Large windows throughout the two-story building maximize natural light, creating a welcoming and productive environment. This prime location offers convenient access to a variety of amenities, including retail, dining, and other businesses, while also being a short drive from downtown Detroit. The 0.35-acre site is ideal for businesses seeking a prestigious address in a thriving community. The property's versatility makes it suitable for a range of office uses, including traditional, creative, executive, coworking, and medical offices. This is a unique opportunity to establish or expand your business in a highly desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Ridge
    County
    Oakland
    State
    Michigan
    Longitude
    -83.140790687114
    Latitude
    42.470119704469
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    23880 Woodward Ave
    Pleasant Ridge, MI 48069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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