40700 Woodward Ave Bloomfield Hills, MI 48304
Property profile & analytics
40700 Woodward Ave Bloomfield Hills, MI 48304
- Office buildings
- 20,912 SF
- 0.81 lot acres
Property ID
US43-1954553
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 40700 Woodward Ave
- Year built
- 1966
- Lot size
- 0.81 lot acres
- Property size
- 20,912 SF
- Zone code
- BI
- Property type
- Office buildings
- APN
- 12-19-14-151-005
- APU
- 121914151005
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,296,000
- AI Estimate
- $2,265,000
Market price range: $1.49M - $3.49MMarket price range: $654k - $2.87M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,455,000 Current use
- COMMERCIAL (GENERAL)
- $3,685,000 Change: +50% Conversion: Easy
- RESTAURANT
- $3,620,000 Change: +48% Conversion: Moderate
- RETAIL STORES
- $3,530,000 Change: +44% Conversion: Moderate
- MEDICAL BUILDING
- $3,300,000 Change: +35% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,565,000 Change: +5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bloomfield Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2455
- Latitude
- 42.585
- 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
2023
$38,381
$0.00
$0.00
$1,312,700
-
$0.00
$0.00
$2,625,400
