29732 Woodward Ave, Royal Oak, MI 48073-0906
This exceptional 2,880-square-foot retail space is ideally situated on Woodward Avenue in Royal Oak, Michigan, offering unparalleled visibility and accessibility. The single-tenant building, constructed in 1974, boasts a Class B rating and is situated on a 0.16-acre lot. The property features a spacious, open floor plan with high ceilings, providing flexibility for a variety of retail uses. Ample parking is available with 18 spaces total, including 13 dedicated spaces and 5 municipal spaces. The building is well-maintained and benefits from high-visibility signage directly on Woodward Avenue, ensuring strong brand exposure. The property's location within Royal Oak offers access to a robust and desirable demographic, coupled with excellent traffic flow along Woodward Avenue, a major thoroughfare. The property is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a prime retail location in a thriving Michigan community. The building is a single-story structure. Oakland County location provides access to a strong local economy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GEN BUS · Royal Oak, MIRoyal Oak. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.