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    30701 Woodward Ave Royal Oak, MI 48073
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    Property profile & analytics

    30701 Woodward Ave Royal Oak, MI 48073


    • Office Spaces
    • 30,324 SF
    • 2.89 lot acres
    Royal Oak Medical/Office Building For Lease
    $7,570,000

    Royal Oak Medical/Office Building

    Medical/office building for lease with visibility on Woodward Avenue.

    30701 Woodward Ave, Royal Oak, MI 48073
    View Listing
    Property ID
    US43-1468863
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Atiya Law / Law Firm
    • Pogue Marjorie K / Physician / Medical Clinic
    • Dr. Bela S. Shah, MD / Physician / Medical Clinic
    • Basha Diagnostics: Basha Open MRI Royal Oak / Medical Clinic
    • Betty J. Lee, LMSW / Counselor / Social Worker

    Property Details for 30701 Woodward Ave

    Year built
    1954
    Lot size
    2.89 lot acres
    Property size
    30,324 SF
    Zone code
    GEN BUS
    Property type
    Office Spaces
    APN
    72-25-07-231-002
    APU
    722507231002

    Description

    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 groups seeking collaborative space. The building's location at 30701 Woodward Ave, Royal Oak, MI 48073, ensures high traffic and excellent accessibility for patients. The building's 2005 construction ensures modern amenities and efficient layouts, making it an attractive option for medical professionals seeking a well-maintained and conveniently located space. The available space presents a unique opportunity to establish or expand a medical practice in a thriving Royal Oak community. Interested parties should inquire about specific suite availability and lease terms.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,736,000
      Market price range: $3.64M - $7.74M
      AI Estimate
      $7,400,000
      Market price range: $3.37M - $7.74M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,960,000
      Current use
      RESTAURANT
      $5,250,000
      Change: -12% Conversion: Difficult
      RETAIL STORES
      $5,120,000
      Change: -14% Conversion: Easy
      MEDICAL BUILDING
      $4,785,000
      Change: -20% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1845
    Latitude
    42.5148
    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
    2021
    $135,432
    $0.00
    $0.00
    $3,024,260
    -
    $0.00
    $0.00
    $6,048,520
    View Listing
    More about this property
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