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Commercial Land with Mixed-Use Zoning
For Sale
$440,000

127 W PARENT Ave, Royal Oak, MI 48067

Side-by-side parcels near downtown Royal Oak with mixed-use zoning and an attached condo site plan.

Property Size1,259 SF
Days on Market9

Property Features for 127 W PARENT Ave

General Information

Standard status Active
Size 1,259 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,836

Building Details

Building Size 1,259 SF
Year Built 1907
Listed By: Samantha Longo
Source: Elliman
Added: Sep 12 Last Checked: Sep 19 at 11:19AM

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 includes three side-by-side parcels sold together as a single package. Each parcel measures 50x147, with the combined land area totaling close to .50 acre. All three parcels carry mixed-use zoning, and an attached site plan outlines potential for 15 condo units.

The property is located near downtown Royal Oak, providing a highly walkable setting with a walkScore of 98 and a bikeScore of 71. The seller will not separate the parcels, making the offering available only as a combined land package.

Key Highlights

  • Three side‑by‑side parcels offered together as one package
  • Each parcel measures 50x147
  • Combined land area totals close to .50 acre

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Pharmacy Kitchen & Bath Showroom Veterinary Clinic Food Market Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,437
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Side-by-side parcels near downtown Royal Oak with mixed-use zoning and an attached condo site plan.
Where is this commercial land located?
The property is located at 127 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 side‑by‑side parcels offered together as one package; Each parcel measures 50x147; Combined land area totals close to .50 acre
More about this property
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