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Three-Parcel Mixed-Use Land Package
For Sale
$440,000

207 W PARENT Ave, Royal Oak, MI 48067

Side-by-side parcels create a combined site with mixed-use zoning near downtown Royal Oak.

Property Size1,458 SF
Days on Market9

Property Features for 207 W PARENT Ave

General Information

Standard status Active
Size 1,458 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,961

Building Details

Building Size 1,458 SF
Year Built 1916
Listed By: Samantha Longo
Source: Elliman
Added: Sep 12 Last Checked: Sep 19 at 10:46AM

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 offering combines three adjoining land parcels into a single sale package near downtown Royal Oak. Each parcel measures 50 by 147 feet, creating a combined land area close to .50 acre. The parcels are positioned side by side and are designated for mixed-use development.

The package includes a site plan and is offered as one combined property rather than as separate lots. The location has a BikeScore of 61, identified as Bikeable, and a WalkScore of 49, identified as Car-Dependent.

Key Highlights

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

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Side-by-side parcels create a combined site with mixed-use zoning near downtown Royal Oak.
Where is this commercial land located?
The property is located at 207 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 parcels offered together as one package; Each parcel measures 50x147 feet; Combined land area totals close to .50 acre
More about this property
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