Entity Owned
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For Sale
Contact for pricing
26676 Woodward Ave, Royal Oak, MI 48067-0920
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Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1940
Total area
2,921 SF
Lot
0.44 ac (18,992 SF)
Zoning code
OFFICE SVC
APN
72-25-21-128-003
UPID
US43-5172750
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
-
Law Firm Financial Advisor
-
Law Firm
-
Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$455k
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$620k
Owner & transaction history
since 2024
Last sale
$620,000
6 recorded transactions
Zoning & alternative use
OFFICE SVC · Royal Oak, MI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$620k
Value range
$558k – $682k
±10% around blend
Estimated value / SF
$212 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
90
$558k
blend $620k
$682k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,921 SF
Lot area
0.44 ac
Year built
1940
Stories
1
APN
72-25-21-128-003
Assessed value
$261,130
Annual tax
$13,341
3
Income approach: direct capitalization
Partial preview
Income approach indication
$455k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$495k
@ 6.5% CAP return
$455k
@ 7% CAP return
$425k
4
Sales comparison
Partial preview
Sales approach indication
$441k
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.1 mi away · 2,960 SF
4.3 mi away · 2,821 SF
4.3 mi away · 2,821 SF
4.3 mi away · 2,615 SF
4.3 mi away · 2,615 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$620k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 55 sales
$189
+12%
Submarket 87 sales
$192
+11%
County 344 sales
$176
+20%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $212/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
4.80%
Implied, in-place cap rate for this office spaces
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.80%
9.0%
NOI (est.)
$43k *
Last sale · Sep 2024
$620k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$904k
Move the market yield to see immediate price impact.
Value / SF
$310
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.30%4.80%5.30%
$39k
$908k
$814k
$737k
$43k
$1.01M
$904k
$819k
$48k
$1.11M
$995k
$901k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$380k
0.5 mi · Dec 2025 · $110/SF
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$13,341
Tax year 2021
Assessed value
$261,130
Assessed 2024
Previous assessed
$261,130
+0.0% YoY
Effective rate
5.11%
On assessed value
Total market value
$522,260
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1940
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
2,921 SF
Lot
0.44 ac (18,992 SF)
Zoning code
OFFICE SVC
APN
72-25-21-128-003
UPID
US43-5172750
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
OFFICE SVC · Royal Oak, MIZoning OFFICE SVC · permitted uses
OFFICE SVC · Royal Oak, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.44 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OFFICE SVC
Jurisdiction
Royal Oak, MI
Recorded code
OFFICE SVC
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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