Mixed-Use Commercial Land
For Sale
$440,000
201 W PARENT Ave, Royal Oak, MI 48067
Three contiguous parcels are offered together near downtown Royal Oak for mixed-use development planning.
Property Size1,701 SF
Days on Market9
Property Features for 201 W PARENT Ave
General Information
Standard status
Active
Size
1,701 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,538
Building Details
Building Size
1,701 SF
Year Built
1911
Listed By:
Samantha Longo
(810) 813-2212
Source:
Elliman
Added: Sep 12
Last Checked: Sep 19 at 10:24AM
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 Samantha Longo
Investment Insights
Based on property information with market context.
This commercial land offering combines three adjoining parcels into a single development package near downtown Royal Oak. Each parcel measures 50 x 147 feet, with the combined land area totaling close to .50 acre. The property is designated for mixed-use development, providing a framework for a range of future project concepts.
The package includes 127 W Parent St., 201 W Parent Ave, and 207 W Parent St. A site plan is attached showing a potential 15-condo concept. The parcels are being offered together and are not available for separate purchase. The location has a BikeScore of 61 and a WalkScore of 49.
The package includes 127 W Parent St., 201 W Parent Ave, and 207 W Parent St. A site plan is attached showing a potential 15-condo concept. The parcels are being offered together and are not available for separate purchase. The location has a BikeScore of 61 and a WalkScore of 49.
Key Highlights
- Three contiguous parcels offered as one package
- Each parcel measures 50x147
- Combined land area totals close to .50 acre
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,437
Businesses Nearby
Explore this area
Business Placement
Demographics for 48067, MI
24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Three contiguous parcels are offered together near downtown Royal Oak for mixed-use development planning.
Where is this commercial land located?
The property is located at 201 W PARENT Ave Royal Oak, MI.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Three contiguous parcels offered as one package; Each parcel measures 50x147; Combined land area totals close to .50 acre
