30252 Woodward Ave Royal Oak, MI 48073-0994
Property Lookup
Property profile & analytics
30252 Woodward Ave Royal Oak, MI 48073-0994
- Strip malls
- 13,456 SF
- 1.12 lot acres
Property ID
US43-0693762
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.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 30252 Woodward Ave
- Year built
- 2008
- Lot size
- 1.12 lot acres
- Property size
- 13,456 SF
- Zone code
- GEN BUS
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 72-25-08-176-024
- APU
- 722508176024
Description
This exceptional retail and restaurant opportunity is located in the highly desirable Woodwardside Plaza in Royal Oak, Michigan. The property boasts a total of 12,903 square feet, with 3,105 square feet currently available for lease. This space is a second-generation restaurant end-cap, perfectly positioned on Woodward Avenue, a major thoroughfare with a high traffic volume of 64,000 vehicles per day. The plaza benefits from its strategic location within a densely populated residential area, surrounded by over 60,000 homes within a one-mile radius, ensuring a strong customer base. Its proximity to Beaumont Hospital, Michigan's largest Beaumont campus with over 1,100 beds, further enhances its appeal and provides a significant source of potential clientele. The property offers excellent visibility and accessibility, complemented by convenient self-contained parking directly on Woodward Avenue. This prime location presents a unique opportunity for a restaurant operator to establish a thriving business in a vibrant and high-traffic area. The property is designated as a multi-tenant plaza, offering a dynamic and established commercial environment. This is a turnkey opportunity for a restaurant seeking a high-visibility location with ample parking and a strong surrounding demographic. The available space is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,868,000
- AI Estimate
- $955,000
Market price range: $752k - $1.87MMarket price range: $316k - $955k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,250,000 Current use
- RESTAURANT
- $2,330,000 Change: +86% Conversion: Difficult
- RETAIL STORES
- $2,270,000 Change: +81% Conversion: Easy
- MEDICAL BUILDING
- $2,125,000 Change: +70% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,650,000 Change: +32% Conversion: Difficult
- OFFICE BUILDING
- $1,580,000 Change: +26% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $1,090,000 Change: -13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1799
- Latitude
- 42.5123
- 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
2023
$74,803
$0.00
$0.00
$1,759,610
-
$0.00
$0.00
$3,519,220
