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    Property profile & analytics
    OFF-MARKET Estimated value $23,530,000
    Retail space

    555 Old Woodward Ave, Birmingham, MI 48009-6658

    245,740 SF 1.06 ac lot Built 1978
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US43-0804584
    Property summary
    AI-generated overview

    This exceptional commercial property at 555 S. Old Woodward Avenue in Birmingham, Michigan, offers a diverse range of office spaces ideal for various business needs. Located in the desirable Birmingham Area of Oakland County, this 70,783 square foot building provides a multitude of options for tenants. The property is classified as Retail and Office, with available space ranging from a minimum of 1,800 square feet to a maximum contiguous space of 10,270 square feet. Currently, 10,270 square feet is immediately available for lease. The building's versatile design accommodates a variety of office styles, including Traditional Office, Executive Office, Medical Office, and Creative Office spaces. Multiple tenancies are available, making it suitable for businesses of all sizes. The property's address is 555 S Old Woodward Ave, Birmingham, MI 48009. Its prime location within the Birmingham Area offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prestigious address in a thriving community. The building's size and layout provide flexibility for businesses seeking to expand or downsize their operations. Interested parties are encouraged to inquire about lease terms and availability.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1978
    Total area 245,740 SF
    Lot 1.06 ac (46,174 SF)
    Zoning code BI
    APN 08-19-36-210-001
    UPID US43-0804584
    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
    $25.97M
    Blend (final) Blend
    $23.53M
    Owner & transaction history
    Manorwood Properties LLC · 11 yrs held
    Manorwood Properties LLC
    since 2015
    7 recorded transactions
    2016
    2015
    2011
    2011
    $3.9M
    2010
    $3.8M
    2007
    2007
    Zoning & alternative use
    BI · Birmingham, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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