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 Market54
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
Listing Agency:
RE/MAX Edge
Listed By:
Samantha Longo
(810) 813-2212
Source:
Elliman
Added: Sep 12
Changed: Oct 25
Last Checked: Nov 3 at 6:25AM
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 RE/MAX Edge
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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
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,437
Businesses Nearby
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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
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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
