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    Property profile & analytics
    OFF-MARKET Estimated value $535,000
    Commercial real estate

    29732 Woodward Ave, Royal Oak, MI 48073-0906

    2,880 SF 0.16 ac lot Built 1974
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1793771
    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. 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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1974
    Total area 2,880 SF
    Lot 0.16 ac (7,013 SF)
    Zoning code GEN BUS
    APN 72-25-08-326-025
    UPID US43-1793771
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $450k
    Comparable Approach Comparable
    $650k
    Blend (final) Blend
    $535k
    Owner & transaction history
    8130 Constitution LLC
    8130 Constitution LLC
    since 2025
    4 recorded transactions
    2025
    2022
    2021
    2013
    $345,000
    Zoning & alternative use
    GEN BUS · Royal Oak, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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