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    3001 Rochester Rd Royal Oak, MI 48073

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    For Lease
    $3,779 /Mo

    Freestanding retail building in a densely populated area.

    Lot size:
    0.14 Acres

    Property Features for 3001 Rochester Rd

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1927

    Source: Forward Commercial Group Agent Emil Cherkasov

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building Hard Corner

    This is a freestanding retail building situated on a hard corner. The property was formerly occupied by MJC Archery. It is located in a densely populated area and is zoned Mixed-Use II.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1404685
    Latitude
    42.5166105

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    FAQs

    What type of property is this?
    Retail space - Freestanding retail building in a densely populated area.
    Where is this retail space located?
    The property is located at 3001 Rochester Rd Royal Oak, MI.
    What are key features of this property?
    This property features: - Freestanding retail building, perfect for your business needs.; - Hard corner location offering excellent visibility.; - Located in a densely populated area, providing a large customer base.
    (248) 662-5066
    Request Owner's contact information
    3001 Rochester Rd Royal Oak, MI 48073
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    Royal Oak, MI 48073
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3001 Rochester Rd Royal Oak, MI 48073
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