Realmo Analytics

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Financial
Distress signals
Property profile

40950 Woodward Ave Bloomfield Hills, MI 48304

FOR SALE
Office buildings
Property ID
US43-0535651
127,197 SF 4.92 ac lot Built 1984
Last sale Mar 2021 · $2,053,406
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$289k
Tax billed · 2023
Assessed value · 2024$4.64M
Effective rate6.23%

Value estimate

· Oct 2026
$16.14M
$14.52M – $17.75M
Submarket $/SF estimate$11.65M
NOI build-up
Gross scheduled income$663k
Vacancy & credit loss−$156k
Operating expenses−$127k
NOI · 1,769,990.70% cap applied$381k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 427 recorded sales of this use type
Observed band · Q1–Q3$71 – $167

Cap rate analysis

How does the asset earn?
1,769,990.70%
$381k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant23.0
Auto Repair Shop19.0
Wholesale Shop17.1

Location

40950 Woodward Ave Bloomfield Hills, MI 48304
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 13 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
74 Long Lk Rd, Bloomfield Hills, MI 48304-2397 $2,600,000 May 2025 7,278 SF
42690 Woodward, Bloomfield Hills, MI 48304-5062 $1,550,000 Apr 2022 18,251 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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