40700 Woodward Ave, Bloomfield Hills, MI 48304-5109
This exceptional single-story office building, located at 40700 Woodward Avenue in Bloomfield Hills, Michigan, offers a unique blend of medical and creative office spaces. Built in 1966 and extensively renovated in 2012, the 32,000 square foot building boasts a prime location in Oakland County (APN 19-14-151-005) and features ample parking with 120 spaces. Currently, there are 15,042 square feet of vacant space available, offering flexible lease options for businesses seeking suites of up to 12,000 square feet. The property's versatile design caters to a variety of tenants, making it ideal for both medical practices and creative agencies. Its convenient location on Woodward Avenue provides excellent visibility and accessibility. The building's modern amenities, combined with its rich history, create a unique and desirable workspace. This is a fantastic opportunity to secure prime office space in a thriving Bloomfield Hills community, with easy access to major transportation routes and a wealth of local amenities. The property is zoned for multiple tenants and offers a blend of traditional, medical, and creative office space. Don't miss this chance to establish your business in this well-maintained and strategically located building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Bloomfield Hills, MIBloomfield Hills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.