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    Property profile & analytics

    32268 Woodward Ave Royal Oak, MI 48073-0944

    • Medical offices
    • 1,911 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Last Sale
    Jul 28, 2025
    Location Intelligence
    Property ID
    US43-1379958
    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.

    Current Use by Public Records

    • Thomas Kopsch, DC / Chiropractor
    • Normandy Chiropractic Clinic / Chiropractor / Pain Control Clinic
    • Thomas H E Kopsch / Chiropractor

    Property Details for 32268 Woodward Ave

    Year built
    1952
    Lot size
    0.09 lot acres
    Property size
    1,911 SF
    Zone code
    GEN BUS
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    72-25-06-252-003
    APU
    722506252003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $160,000
      6.5%
      $160,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $150,000
      Mixed-Use
      $135,000
      Hospitality
      $180,000
      Educational
      $175,000
      Residential Income
      $180,000
      Energy
      $190,000
      Income-Based Land
      $150,000
      Food Service
      $180,000

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1942
    Latitude
    42.5268
    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
    $7,373
    $0.00
    $0.00
    $151,190
    -
    $0.00
    $0.00
    $302,380

    Comparable in this City

    • Value Estimation by Request
      8,517 SF

      2033 Crooks Rd

      MEDICAL BUILDING • 8,517 SF
      2033 Crooks Rd, Royal Oak, MI 48073-4049
      View Details
    • Value Estimation by Request
      3,004 SF

      2434 Rochester Rd

      MEDICAL BUILDING • 3,004 SF
      2434 Rochester Rd, Royal Oak, MI 48073-5514
      View Details
    • Value Estimation
      $530,000
      2,378 SF

      4313 Rochester Rd

      DENTAL BUILDING • 2,378 SF
      4313 Rochester Rd, Royal Oak, MI 48073-4743
      View Details
    • Value Estimation by Request
      1,000 SF

      1815 Campbell Rd

      DENTAL BUILDING • 1,000 SF
      1815 Campbell Rd, Royal Oak, MI 48073-4237
      View Details
    • Value Estimation by Request
      5,031 SF

      3213 Rochester Rd

      DENTAL BUILDING • 5,031 SF
      3213 Rochester Rd, Royal Oak, MI 48073-3553
      View Details
    • Value Estimation by Request
      1,386 SF

      1816 Main St

      MEDICAL BUILDING • 1,386 SF
      1816 Main St, Royal Oak, MI 48073-4102
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      45,000 SF

      Royal Oak Medical Office Space

      Modern medical suites, prime Woodward location.
      30701 Woodward Ave, Royal Oak, MI 48073
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    • $15 SF/Yr
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      Royal Oak Office/Medical Building

      Office/medical building near Corewell Health Beaumont Hospital with ample parking.
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      View Details
    • $3,500 /Mo

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      Highly visible corner building, perfect for small business.
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    • $17 SF/Yr
      1,200 SF

      Royal Oak Creative Office Space

      1,200 sq ft Retail/Office, High Traffic Area
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    • $17 SF/Yr
      1,000 SF

      Royal Oak Office Space Available

      Office suite for lease near Royal Oak Beaumont Hospital.
      2530 Crooks Rd, Royal Oak, MI 48073
      View Details
    • $26 SF/Yr
      7,101 SF

      Royal Oak Office Space For Lease

      Prime Royal Oak location, multiple suites available.
      32552 Woodward Ave, Royal Oak, MI 48073
      View Details

    Property Visit Statistics

    • Visits by month
      3.6k
    • Visitors by month
      2.9k
    • Avg Time on site
      15 min
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    32268 Woodward Ave
    Royal Oak, MI 48073-0944
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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