Light Industrial Condo
For Sale
Contact for pricing
Pending
2500 Parmenter Blvd, Royal Oak, MI 48073
New development of six individual light industrial condominium units with flexible finish selections.
Property SizeContact for details
Days on Market125
Property Features for 2500 Parmenter Blvd
General Information
Standard status
Pending
Property subtype
Retail, Office, Land
Listing Agency:
Kolar Commercial Group
Listed By:
David Kolar · License #6502122085
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 12 at 5:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kolar Commercial Group
Investment Insights
Based on property information with market context.
A new development offering six individual light industrial condominium units, designed to be completed to buyers’ finish selections. The property supports a flexible mix of uses, including contractor’s office/shop, incubator space, studios, and Jay Leno-style garage concepts.
Located in North Royal Oak on the Birmingham/Troy border at 2500 Parmenter Blvd in Royal Oak, Michigan, the development is positioned for buyers seeking ownership of a small, light industrial building.
Units are structured as individual condominiums within a single new development, giving buyers the ability to select their preferred configuration at completion.
Located in North Royal Oak on the Birmingham/Troy border at 2500 Parmenter Blvd in Royal Oak, Michigan, the development is positioned for buyers seeking ownership of a small, light industrial building.
Units are structured as individual condominiums within a single new development, giving buyers the ability to select their preferred configuration at completion.
Key Highlights
- New development of six individual light industrial condominium units
- Flexible use options including contractor’s office/shop, Jay Leno Garages, incubator space, and studios
- Buyer can choose finish selections for the condominiums
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48073, MI
33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - New development of six individual light industrial condominium units with flexible finish selections.
Where is this flex space located?
The property is located at 2500 Parmenter Blvd Royal Oak, MI.
What are key features of this property?
This property features: New development of six individual light industrial condominium units; Flexible use options including contractor’s office/shop, Jay Leno Garages, incubator space, and studios; Buyer can choose finish selections for the condominiums
