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    5058 Leafdale Blvd Royal Oak, MI 48073

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    For Lease
    $3,500 /Mo

    Retail property available for lease with parking in Royal Oak.

    Lot size:
    0.54 Acres

    Property Features for 5058 Leafdale Blvd

    General Information

    Lot size
    0.54 Acres

    Building Details

    Year built
    1963

    Source: Signature Sotheby's International Realty Bham Agent Michael Heiwig

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

    Overview

    Retail Building with Parking Spaces

    This retail building is available for lease and includes 10 parking spaces. The property is suitable for starting a new business or expanding an existing one. The previous landscape company owner is retiring, presenting an opportunity for a new venture. Equipment and customer lists are also available for sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mc Cullough Landscape ... Landscaper Stoneys Landscaping Landscaper

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Kroger Floral Department, Dawn Owen Designs

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1756309
    Latitude
    42.5372319

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    FAQs

    What type of property is this?
    Storefront property - Retail property available for lease with parking in Royal Oak.
    Where is this storefront property located?
    The property is located at 5058 Leafdale Blvd Royal Oak, MI.
    What are key features of this property?
    This property features: - Business opportunity: Purchase includes equipment and customer lists.; - Existing building suitable for business operations.; - 10 parking spaces available.
    (248) 496-3300
    Request Owner's contact information
    5058 Leafdale Blvd 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
    5058 Leafdale Blvd Royal Oak, MI 48073
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