The property is located on Woodward Avenue and is positioned for high vehicular exposure and visibility from traffic along the corridor. It is configured with suitability for automotive-related uses and has potential for alternate commercial uses such as a coffee shop, restaurant, retail space, or medical office. The property may be offered under leasing arrangements or alternative financing terms such as a land contract.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?

$11k

Tax billed · 2021

Assessed value · 2024$230k

Effective rate4.69%

Value estimate

· Nov 2026

$285k

$257k – $314k

Submarket $/SF estimate$573k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?

$123/SF

County average, outlier-cleaned · 132 recorded sales of this use type

Observed band · Q1–Q3$56 – $200

Qualifying comparables6

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: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm16.0

Nail Salon15.1

Hair Salon13.3

32044 Woodward Ave Royal Oak, MI 48073-0940

County assessor Recorded deeds · 2 transfers 6 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

1 recorded sale · 17 properties nearby

Address Sale price Sold Size

4706 Fernlee, Royal Oak, MI 48073-1787 $800,000 Jan 2021 4,760 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

Value Estimation
$625,000

4,061 SF

32700 Woodward Ave

AUTO REPAIR, GARAGE

32700 Woodward Ave, Royal Oak, MI 48073-0953

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Value Estimation
$815,000

4,760 SF

4706 Fernlee Ave

AUTO REPAIR, GARAGE

4706 Fernlee Ave, Royal Oak, MI 48073-1787

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Value Estimation
$595,000

4,940 SF

3503 Rochester Rd

AUTO REPAIR, GARAGE

3503 Rochester Rd, Royal Oak, MI 48073-2814

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Value Estimation
$345,000

1,949 SF

3110 Rochester Rd

AUTO REPAIR, GARAGE

3110 Rochester Rd, Royal Oak, MI 48073-3505

View Details
Value Estimation
$1,535,000

8,723 SF

30002 Woodward Ave

AUTO REPAIR, GARAGE

30002 Woodward Ave, Royal Oak, MI 48073-0909

View Details
Value Estimation
$250,000

1,432 SF

2533 Crooks Rd

AUTO REPAIR, GARAGE

2533 Crooks Rd, Royal Oak, MI 48073-3309

View Details

Similar Nearby for Sale

New

$1,695,000

4,700 SF

Retail Space with Parking

Retail, medical, or office configuration with on-site parking and potential for separate suites.

30178 Woodward Ave, Royal Oak, MI 48073

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2,324 SF

Strip Mall Property With Food Service

Commercial space identified for pizzeria and ice cream shop use.

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$3,300,000

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High-End Retail/Office Building on Woodward

Turn-key, remodeled retail/office building with parking near Birmingham.

32500 Woodward Avenue, Royal Oak, MI 48073

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New

$2,125,000

8,528 SF

General Business Retail Building

Well-maintained commercial building with Woodward Avenue frontage, a flexible floorplan, and General Business zoning.

32128 Woodward Ave, Royal Oak, MI 48073

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Freestanding Storefront Property

Leased retail asset along W 13 Mile Road with a five-year lease.

Royal Oak, MI 48073

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Similar Nearby for Lease

Contact for pricing
3,554 sqft

Former Restaurant Retail Space

Former Golden Basket restaurant space on northbound Woodward Ave with over 75,000 vehicles daily.

32286 Woodward Ave, Royal Oak, MI 48073

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$1,575/Mo

3,779 sqft

Freestanding Retail Building Hard Corner

Freestanding retail building in a densely populated area.

3001 Rochester Rd, Royal Oak, MI 48073

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New

$16 SF/Yr

4,000 sqft

Retail Suite with Front and Back Parking

950 SF retail suite for lease with parking in front and back; Neighborhood Business zoning.

4119 W 13 Mile Rd, Royal Oak, MI 48073

View Details
$31 SF/Yr

4,050 sqft

Retail or Office Space with Parking

4,050 SF retail-office/service space with prominent Woodward frontage, high visibility, and 11 on-site surface parking spaces.

31372 Woodward Ave, Royal Oak, MI 48073

View Details
$28.50 SF/Yr

4,700 sqft

Flexible Retail/Medical Space with Parking

Retail or medical space with zoning flexibility, owner finish-to-suit option, and 25-car parking for convenient access.

30178 Woodward Avenue, Royal Oak, MI 48073

View Details
New

$16 SF/Yr

4,752 sqft

Neighborhood Retail Space with Storage

ADA-compliant storefront with prominent windows, a small office, kitchen, and basement storage.

3202-3210 Crooks Rd, Royal Oak, MI 48073

View Details

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32044 Woodward Ave Royal Oak, MI 48073

Property summary