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    Property profile & analytics
    OFF-MARKET Estimated value $685,000
    Commercial real estate

    29764 Woodward Ave, Royal Oak, MI 48073-0906

    4,000 SF 0.16 ac lot Built 1952
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1349553
    Property summary
    AI-generated overview

    This exceptional 4,000-square-foot retail space, located at 29764 Woodward Avenue, presents a unique opportunity for a discerning tenant. Built in 1952 and extensively renovated in 2022, the single-story building boasts a spacious, open floor plan with high ceilings, offering maximum flexibility for a variety of retail uses. The property sits on a 0.16-acre lot and includes ample parking with 13 dedicated spaces supplemented by 5 municipal parking spots, ensuring convenient access for customers and employees. The building's prime location on Woodward Avenue provides exceptional visibility and high traffic counts, guaranteeing strong exposure for your business. The area demographics are robust, promising a substantial customer base. The property's recent renovation ensures a move-in ready condition, eliminating the need for costly upgrades. This is a rare opportunity to secure a well-maintained, highly visible retail space in a thriving commercial area. The open floor plan and high ceilings offer significant design flexibility, allowing for customization to suit your specific business needs. The combination of excellent location, ample parking, and recent renovations makes this property an ideal choice for a variety of retail ventures. Don't miss this chance to establish your business in a prime Woodward Avenue location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1952
    Total area 4,000 SF
    Lot 0.16 ac (7,013 SF)
    Zoning code GEN BUS
    APN 72-25-08-326-024
    UPID US43-1349553
    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
    $625k
    Comparable Approach Comparable
    $736k
    Blend (final) Blend
    $685k
    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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