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Financial
Distress signals
Property profile

479 South Old Woodward Ave Birmingham, MI 48009

FOR LEASE
Banks
View Listing
Property ID
US43-1353783
10,542 SF 0.28 ac lot Built 1968
Last sale Jun 2017 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Hazelview is a mixed-use building developed by Markus Management Group with upper-level residential units and office spaces, plus retail at street level. The first floor contains two retail storefronts—one with 4,737 square feet and another with 1,047 square feet—with configuration potentially suitable for a liquor license, subject to applicable approvals. The second and third floors are office levels arranged for occupancy by a primary office user. The property is located in Downtown…

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 · 2020

What does the county charge?
$39k
Tax billed · 2020
Assessed value · 2021$854k
Effective rate4.59%

Value estimate

· Oct 2026
$4.38M
$3.94M – $4.81M
Submarket $/SF estimate$804k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BI
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.6
Convenience Store10.8
Smoke and Vape Shop10.2

Location

479 South Old Woodward Ave Birmingham, MI 48009
County assessor Recorded deeds · 3 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
391 Hamilton, Birmingham, MI 48009-3460 $1,200,000 Dec 2024 4,608 SF
261 Maple, Birmingham, MI 48009-6324 $3,400,000 Mar 2024 12,388 SF
101 Townsend, Birmingham, MI 48009-6001 $7,000,000 Oct 2022 11,745 SF
501 Eton, Birmingham, MI 48009-6824 $520,000 Jul 2021 4,051 SF
33692 Woodward, Birmingham, MI 48009-0910 $1,375,000 Nov 2020 5,283 SF
33766 Woodward, Birmingham, MI 48009-0912 $625,000 Feb 2020 3,903 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?”
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