Property profile

38505 Woodward Ave Bloomfield Hills, MI 48304

FOR LEASE
Commercial land
Property ID
US43-1191665
0.75 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, located at 38505 Woodward Avenue in Bloomfield Hills, Michigan, offers a unique blend of executive office, coworking, and creative office spaces. Boasting a total of 82,781 square feet, the property sits on a generous 3.85-acre lot and is zoned O-2 for office use. Built in 1982 and extensively renovated in 2017, the building presents a modern and functional workspace. Currently, there is 688 square feet of vacant space immediately available for lease, perfect for a small business or expanding team. The property's multiple tenancy structure allows for flexibility and diverse occupancy. Its prime location in Bloomfield Hills, Oakland County, offers easy access to major roadways and amenities. The property's APN is 19-23-401-029 and 19-23-401-033. This is an excellent opportunity to secure high-quality office space in a desirable location. The building's modern amenities and strategic location make it an ideal choice for businesses seeking a prestigious and functional workspace. Contact us today to learn more about this exceptional leasing opportunity in the heart of Bloomfield Hills. The zip code is 48304.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.75 ac (32,670 SF)
Zoning code BV
APN 12-19-23-401-029
UPID US43-1191665

Cap rate & NOI

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

Location

38505 Woodward Ave Bloomfield Hills, MI 48304
Bloomfield Hills metro Census 152000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2018
Price N/A
2016
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BV · Bloomfield Hills, MI

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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