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Financial
Distress signals
Property profile

30701 Woodward Ave Royal Oak, MI 48073

FOR LEASE
Office Spaces
Property ID
US43-1468863
30,324 SF 2.89 ac lot Built 1954
Last sale Feb 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This four-story Class B medical office building, constructed in 2005, offers exceptional visibility on Woodward Avenue in Royal Oak, Michigan. The Basha Building totals 45,000 square feet and features multiple tenancies, providing flexibility for various medical practices. Currently, there is 10,853 square feet of vacant space available, divisible into units as small as 5,203 square feet. Larger contiguous spaces of up to 5,650 square feet are also available, ideal for expanding practices or…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$135k
Tax billed · 2021
Assessed value · 2024$3.02M
Effective rate4.48%

Value estimate

· Oct 2026
$7.57M
$6.81M – $8.33M
Submarket $/SF estimate$7.74M

Realmo valuation models over county records and 4 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 comparables4

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply23.0
Law Firm22.8
Auto Parts Store18.0

Location

30701 Woodward Ave Royal Oak, MI 48073
County assessor Recorded deeds · 6 transfers 4 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4338 Delemere, Royal Oak, MI 48073-1876 $1,640,000 Dec 2023 3,520 SF
3318 Main, Royal Oak, MI 48073-2600 $700,000 Sep 2022 3,003 SF
1821 Campbell, Royal Oak, MI 48073-4237 $375,000 Jan 2022 2,715 SF
4403 13th Mile, Royal Oak, MI 48073-6516 $875,000 Oct 2020 6,316 SF
3905 Rochester, Royal Oak, MI 48073-2726 $545,000 Apr 2019 6,364 SF
3123 Crooks, Royal Oak, MI 48073-3217 $673,000 Feb 2019 3,888 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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