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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Office buildings
42690 Woodward Ave Bloomfield Hills, MI 48304-5062
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1353368
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
18,251 SF
Lot
0.64 ac (27,878 SF)
Zoning code
BI
APN
C -19-10-102-008
UPID
US43-1353368
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.47M
Owner & transaction history
Shaq Property Management LLC · 4 yrs held
Shaq Property Management LLC
since 2022
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
BI · Bloomfield Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+4.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bloomfield Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomfield Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,610,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,115,000
6.5%
$1,030,000
7%
$955,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,140,000
Current use
AUTO REPAIR, GARAGE
$2,235,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10% · vs last sale $1.55M (Apr 13 2022)
Last sale anchor
$1.55M
Apr 13 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$81 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$35,174
Tax year 2023
Assessed value
$728,510
Assessed 2024
Previous assessed
$697,830
+4.4% YoY
Effective rate
4.83%
On assessed value
Total market value
$1,457,020
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Heating
YES
Cooling
YES
Stories
3
Units
1
Bathrooms
6
Total area
18,251 SF
Lot
0.64 ac (27,878 SF)
Zoning code
BI
APN
C -19-10-102-008
UPID
US43-1353368
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
BI · Bloomfield Hills, MI
Zoning BI · permitted uses
BI · Bloomfield Hills, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bloomfield Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Heating
YES
Cooling
Yes
Stories
3
Units
1
Bathrooms
6
Lot
0.64 ac
Current owner
From public records · entity-resolved
Shaq Property Management LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3367 LONE PNE RD, WEST BLOOMFIELD, MI 48323-3325
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
—
Shaq Property Management LLC
—
Deed
related
$1,080,000 · Advia Cu
Apr 13, 2022
$1,550,000
Shaq Property Management LLC
Cedar I LLC
Warranty Deed
—
Aug 13, 2018
—
Ceder I LLC
—
Deed
related
$1,100,000 · State Bk
Jul 19, 2013
$1,111,977
Cedar I LLC
Flagstar Bank Fsb
Redemption Deed
related
$1,100,000 · The State Bank
Apr 4, 2013
$1,100,000
Flagstar Bk Fsb
Deputy Sheriff Of Oakland County
Trustees Deed
related
—
Apr 21, 2005
—
Cedar I LLC
Hauswirth J L Trust
Warranty Deed
$1,800,000 · Flagstar Bank Fsb
Apr 4, 2005
—
Hauswirth Jeffrey L Trust
Bloomfield Equity Ptrs II LLC
Quit Claim Deed
related
—
Dec 17, 2004
—
Bloomfield Equity Ptrs II LLC
—
Trustees Deed
related
$375,000 · Citizens Federal Bank Fsb
May 28, 2004
—
Rebecca J Magnus
Homestead Sw
Quit Claim Deed
related
$905,000 · Citizens Federal Bank Fsb
—
—
Equity Partners Bloomfield II
—
Deed Of Trust
related
$315,000 · Citizens Federal Bank Fsb
—
—
Cedar I LLC
—
Deed Of Trust
related
$1,729,367 · Flagstar Bank Fsb
—
—
Equity Partners Bloomfield II
—
Deed Of Trust
related
$562,000 · Citizens Federal Bank Fsb
—
—
Ceder I LLC
—
Loan Modification
related
$1,100,000 · State Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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