Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    508 N Main St Royal Oak, MI 49639

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $199,900

    Turn-key farming supply business with real estate, inventory, and equipment.

    Lot size:
    2.15 Acres

    Property Features for 508 N Main St

    General Information

    Lot size
    2.15 Acres

    Building Details

    Year built
    1980

    Source: RE/MAX TOGETHER Agent Joseph McNally

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

    Overview

    Farming Supply Company Opportunity

    This farming supply company in Hersey, MI, presents a turn-key business opportunity, including client lists, inventory, equipment, and real estate. The location is in the middle of farm country, providing access to a substantial clientele in need of farming services. The included equipment features over a dozen spreaders, multiple mixers, a spreader truck, conveyors, a forklift, a backhoe, tractors, a hydraulic dock leveler, hydraulic pallet forks, a weigh station, and other tools and implements. The store is stocked with quality, high-demand inventory that fulfills essential needs for area farmers. The real estate is situated on Main Street in Hersey, less than 5 miles from HWY 131 and US10 HWY, and borders rails-to-trails in the back.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    -83.1440481
    Latitude
    42.4931396

    Nearby Similar for Sale

    • $549,000
      2,125 SF

      Vintage Farmhouse in Downtown Royal Oak

      Charming 1906 farmhouse with modern updates near downtown Royal Oak.
      338 W Harrison Ave, Royal Oak, MI 48067
      View Details
    • $649,900
      2,067 SF

      Renovated Royal Oak Commercial Office

      Modern, renovated 2,257 SF office building in Royal Oak.
      1504 E 11 Mile Rd, Royal Oak, MI 48067
      View Details
    • $1,500,000
      5,184 SF

      Royal Oak Hotel for Sale

      Operating 14-unit hotel near downtown Royal Oak, renovated in 2023.
      111 12 Mile Rd, Royal Oak, MI 48073
      View Details
    • $199,000
      3,694 SF

      Royal Oak Automotive Shop Opportunity

      3694 SF automotive shop in downtown Royal Oak for sale.
      32044 Woodward Ave, Royal Oak, MI 48073
      View Details
    • $450,000
      1,220 SF

      Downtown Royal Oak Office Space

      Classy Royal Oak office with parking and high foot traffic.
      417 E 4Th St, Royal Oak, MI 48067
      View Details
    • $369,000

      Downtown Royal Oak Luxury Loft

      Stunning 2-bedroom, 2-bath loft with city views and premium amenities.
      350 N Main St, Royal Oak, MI 48067
      View Details

    FAQs

    What type of property is this?
    Farm - Turn-key farming supply business with real estate, inventory, and equipment.
    Where is this farm located?
    The property is located at 508 N Main St Royal Oak, MI.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Turn-key farming supply business opportunity including real estate, client lists, inventory, and equipment.; - Extensive equipment list including spreaders, mixers, trucks, forklift, backhoe, and tractors.; - Prime location in the heart of farm country in Hersey, MI with a built-in customer base.
    (616) 307-3026
    Request Owner's contact information
    508 N Main St Royal Oak, MI 49639
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    508 N Main St
    Royal Oak, MI 49639
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    508 N Main St Royal Oak, MI 49639
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.