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Property profile

29732 Woodward Ave Royal Oak, MI 48073

OFF-MARKET
Commercial real estate
Property ID
US43-1793771
2,880 SF 0.16 ac lot Built 1974
Last sale Feb 2013 · $345,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$9k
Tax billed · 2021
Assessed value · 2024$252k
Effective rate3.51%

Value estimate

· Oct 2026
$430k
$387k – $473k
CAP approach$450k
Submarket $/SF estimate$650k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$197/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$120 – $255
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GEN BUS
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.6
Building Supply15.7
Auto Parts Store13.4

Location

29732 Woodward Ave Royal Oak, MI 48073-0906
County assessor Recorded deeds · 5 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
32801 Woodward, Royal Oak, MI 48073-0956 $400,000 Aug 2024 2,249 SF
4732 Rochester, Royal Oak, MI 48073-2044 $900,000 May 2024 3,920 SF
32799 Woodward, Royal Oak, MI 48073-0954 $400,000 Apr 2022 2,049 SF
32106 Woodward, Royal Oak, MI 48073-0942 $775,000 Mar 2022 3,837 SF
3125 Rochester, Royal Oak, MI 48073-3548 $295,000 Dec 2021 2,373 SF
2811 14th Mile, Royal Oak, MI 48073-1767 $141,000 Nov 2020 1,867 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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