Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    29202 Woodward Ave Royal Oak, MI 48073-0901

    • Turn key restaurants
    • 2,521 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 13, 2025
    Location Intelligence
    Property ID
    US43-5181231
    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

    • IHOP / Family Restaurant / Breakfast Restaurant

    Property Details for 29202 Woodward Ave

    Year built
    1970
    Lot size
    0.43 lot acres
    Property size
    2,521 SF
    Zone code
    GEN BUS
    Property type
    Turn key restaurants
    APN
    72-25-08-451-039
    APU
    722508451039

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1727
    Latitude
    42.5049
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $17,575
    $0.00
    $0.00
    $481,690
    -
    $0.00
    $0.00
    $963,380

    Comparable in this City

    • Value Estimation by Request
      7,166 SF

      1824 14th Mile Rd

      RESTAURANT • 7,166 SF
      1824 14th Mile Rd, Royal Oak, MI 48073-1731
      View Details
    • Value Estimation by Request
      3,689 SF

      31542 Woodward Ave

      RESTAURANT • 3,689 SF
      31542 Woodward Ave, Royal Oak, MI 48073-0933
      View Details
    • Value Estimation by Request
      3,554 SF

      32286 Woodward Ave

      RESTAURANT • 3,554 SF
      32286 Woodward Ave, Royal Oak, MI 48073-0944
      View Details
    • Value Estimation by Request
      1,676 SF

      32906 Woodward Ave

      RESTAURANT • 1,676 SF
      32906 Woodward Ave, Royal Oak, MI 48073-0957
      View Details
    • Value Estimation by Request
      3,764 SF

      2600 14th Mile Rd

      RESTAURANT • 3,764 SF
      2600 14th Mile Rd, Royal Oak, MI 48073-1711
      View Details
    • Value Estimation by Request
      2,223 SF

      31568 Woodward Ave

      RESTAURANT • 2,223 SF
      31568 Woodward Ave, Royal Oak, MI 48073-0933
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      23,522 SF

      Woodward Ave Redevelopment Opportunity

      Prime Royal Oak retail redevelopment site.
      32106 Woodward Ave, Royal Oak, MI 48073
      View Details
    • $1,900,000

      Renovated Retail Center For Sale

      Fully occupied, renovated retail center on 14 Mile Road.
      1800 W 14 Mile Rd, Royal Oak, MI 48073
      View Details
    • Contact for pricing
      3,677 SF

      Royal Oak Executive Office Building

      Prime Woodward Ave location, 3,677 SF office space.
      31205 Woodward Ave, Royal Oak, MI 48073
      View Details
    • $289,900
      3,694 SF

      Royal Oak Automotive Shop

      3,694 SF automotive shop in downtown Royal Oak.
      32044 Woodward Ave, Royal Oak, MI 48073
      View Details
    • $650,000
      4,500 SF

      Retail Property in Royal Oak

      Retail property available for sale in Royal Oak, Michigan.
      1815 N Main St, Royal Oak, MI 48073
      View Details
    • $2,125,000
      0.28 Acres

      Royal Oak Storefront - Prime Location

      Woodward Ave Retail Building, 8,528 SF
      32128 Woodward Ave, Royal Oak, MI 48073
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      7,101 SF

      Royal Oak Office Space For Lease

      Prime Royal Oak location, multiple suites available.
      32552 Woodward Ave, Royal Oak, MI 48073
      View Details
    • $26 SF/Yr
      5,264 SF

      Woodward Avenue Retail Opportunity

      Retail spaces available on Woodward Avenue with high traffic volume.
      32302 Woodward Ave, Royal Oak, MI 48073
      View Details
    • Contact for pricing
      1,150 SF

      Royal Oak Retail Building For Lease

      Freestanding building, 1,150 sq ft, ample parking.
      2533 Crooks Rd, Royal Oak, MI 48073
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space on Woodward Avenue

      Well-maintained retail space with ample parking and high visibility.
      29764 Woodward Ave, Royal Oak, MI 48073
      View Details
    • Contact for pricing

      Royal Oak Commercial Space Available

      Commercial space available for rent in Royal Oak, Michigan.
      4119 W 13 Mile Rd, Royal Oak, MI 48073
      View Details
    • $22 SF/Yr
      6,500 SF

      Royal Oak Retail Space Available

      6,500 SF Retail Space - Prime Location
      32778 Woodward Ave, Royal Oak, MI 48073
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29202 Woodward Ave
    Royal Oak, MI 48073-0901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.