Property profile

32106 Woodward Ave Royal Oak, MI 48073

OFF-MARKET
Commercial real estate
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Property ID
US43-1023212
3,837 SF 0.18 ac Built 1969
Last sale Mar 2022·$775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional redevelopment opportunity encompasses three buildings totaling 23,522 square feet on a 0.53-acre lot at 32106 Woodward Ave, Royal Oak, MI 48073. The property boasts 12,917 square feet of net rentable space, currently vacant, and is ideally situated on a high-traffic corridor with over 100,000 cars daily. The site features excellent Woodward Avenue frontage exceeding 174 feet, offering unparalleled visibility and accessibility. Currently zoned C-S (Commercial-Service), the…

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?
$17k
Tax billed · 2021
Assessed value · 2024$429k
Effective rate3.95%

Value estimate

· Nov 2026
$970k
$873k – $1.07M
CAP approach$600k
Submarket $/SF estimate$979k

Realmo valuation models over county records and 11 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 comparables11

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: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center9.7
Carpet & Flooring Store9.3
Smoke and Vape Shop9.0

Location

32106 Woodward Ave Royal Oak, MI 48073-0942
County assessor Recorded deeds · 1 transfer 11 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
32801 Woodward, Royal Oak, MI 48073-0956 $400,000 Aug 2024 2,249 SF
4732 Rochester, Royal Oak, MI 48073-2044 $900,000 May 2024 3,920 SF
30178 Woodward, Royal Oak, MI 48073-0910 $1,100,000 Jul 2023 4,570 SF
30642 Woodward, Royal Oak, MI 48073-0917 $900,000 Mar 2022 5,191 SF
3125 Rochester, Royal Oak, MI 48073-3548 $295,000 Dec 2021 2,373 SF
4245 14th Mile, Royal Oak, MI 48073-1501 $425,000 Aug 2020 5,202 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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Includes: Price & PSF · Cap rate · Location · Zoning

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