Property profile

33722 Woodward Ave Birmingham, MI 48009

OFF-MARKET
Office buildings
Property ID
US43-5229410
4,483 SF 0.23 ac lot Built 1978
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,483-square-foot retail building, located at 33722 Woodward Avenue in Birmingham, Michigan, presents a unique investment opportunity. Built in 1978 and extensively renovated in 2020, the property boasts a modern interior within a desirable location. The entire space is currently vacant, offering immediate occupancy for a prospective tenant. Situated on a 0.23-acre lot, the building is zoned B2B, allowing for a variety of commercial uses. Ample parking is available with 29 spaces provided for customers and employees. The property's address is 33722 Woodward Ave, Birmingham, MI 48009, within Oakland County. Its convenient location offers excellent visibility and accessibility, making it an ideal space for a retail business seeking a high-traffic area. The property's parcel number (APN) is 20-31-304-049. The building's single-tenant occupancy allows for a streamlined lease agreement and management. This turnkey retail space is ready for immediate occupation and offers a chance to establish a thriving business in a vibrant community. The recent renovation ensures the building is in excellent condition, minimizing upfront capital expenditures for the new tenant. This property represents a rare opportunity to secure a well-maintained, spacious retail space in a prime Birmingham location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 4,483 SF
Lot 0.23 ac (10,019 SF)
Zoning code BI
APN 08-20-31-304-049
UPID US43-5229410

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician
  • Medical Clinic
  • Medical Clinic

Location

33722 Woodward Ave Birmingham, MI 48009-0912
Birmingham metro Census 152900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$747k
Blend (final) Blend
$905k

Owner & transaction history

since 2018
7 recorded transactions
2026
Price N/A
2019
Price N/A
2018
$1.1M
2017
Price N/A
2007
$950,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BI · Birmingham, MI
Top alternative use upside
Commercial (general) $790,000 +50.2%
Retail stores $755,000 +43.9%
Medical building $710,000 +34.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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