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Financial
Distress signals
Property profile

574 Old Woodward Ave Birmingham, MI 48009

OFF-MARKET
Retail space
Property ID
US43-1139785
2,416 SF 0.05 ac lot Built 1956
Last sale Dec 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a street-level storefront containing approximately 1,225 square feet of interior space, with a renovated interior arranged in an open layout and featuring large windows for natural light. It has a private street entrance providing direct customer and staff access. The configuration is suited for retail, service, showroom, or medical office use and is located within O-2 zoning. The storefront is positioned on Old Woodward Avenue in Downtown Birmingham, with municipal street parking and nearby lot parking about 1/2 block away.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$320k
Effective rate3.39%

Value estimate

· Oct 2026
$295k
$266k – $325k
Submarket $/SF estimate$635k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$169/SF
County average, outlier-cleaned · 385 recorded sales of this use type
Observed band · Q1–Q3$79 – $263
Qualifying comparables19

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 Service11.8
Convenience Store10.9
Storage Facility9.7

Location

574 Old Woodward Ave Birmingham, MI 48009-5334
County assessor Recorded deeds · 2 transfers 19 qualifying comp sales 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
407 Brown, Birmingham, MI 48009-1456 $1,500,000 Dec 2025 2,153 SF
361 Maple, Birmingham, MI 48009-6325 $1,150,000 Jun 2025 2,000 SF
33366 Woodward, Birmingham, MI 48009-0904 $595,000 May 2022 2,594 SF
1794 Maple, Birmingham, MI 48009-1545 $691,713 Feb 2022 2,112 SF
900 Old Woodward, Birmingham, MI 48009-3851 $1,174,060 Jan 2022 3,047 SF
750 Old Woodward, Birmingham, MI 48009-6600 $1,000,000 Aug 2021 2,978 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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