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Property profile & analytics
FOR LEASE
Office buildings

42714 Woodward Ave Bloomfield Hills, MI 48304

9,804 SF 0.82 ac lot Built 1959
Entity Owned 11-yr Hold Free & Clear
Property ID
US43-0108023
Property summary
AI-generated overview

This exceptional 2,800 square foot executive office suite is located at 42714 Woodward Avenue in Oakland County, Michigan. Situated on a 0.82-acre lot, this single-tenant space is part of a larger 9,804 square foot building, offering a convenient and professional environment. The building, constructed in 1959 and extensively renovated in 2019, boasts a Class B rating and features a single story with 10-foot ceilings. The interior of this move-in ready suite was completely updated during the 2019 renovation, showcasing modern LED lighting, attractive LVT flooring, and elegant moldings throughout. The space is ideally suited for a variety of professional uses, including sales offices, accounting firms, or law practices. Shared amenities, including a reception area, kitchen, and conference room, are included in the monthly rental rate of $5,000. The property is zoned B3 - General Business and is conveniently located near Square Lake Road. This prime location offers excellent accessibility and visibility for any business. The property presents a fantastic opportunity for a business seeking a well-appointed and functional office space in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Total area 9,804 SF
Lot 0.82 ac (35,719 SF)
Zoning code BI
APN C -19-10-102-007
UPID US43-0108023
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
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$915k
Owner & transaction history
Bloomfield Equity Partners LLC · 11 yrs held
Bloomfield Equity Partners LLC
since 2015
2 recorded transactions
2015
Price N/A
1969
Price N/A
Zoning & alternative use
BI · Bloomfield Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.2M +4.5%
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