Upgraded Second-Story Office
For Sale
Contact for pricing
4250 Normandy Ct, Royal Oak, MI 48073
Modernized office space includes upgraded restrooms, lunchroom, and multiple HVAC units.
Property Size62,950 SF
Price / SF$0.00
Days on Market403
Property Features for 4250 Normandy Ct
General Information
Standard status
Active
Size
62,950 SF
Total Parking Spaces
58
Property subtype
Industrial
Zoning
General Industrial
Building Details
Building Size
62,950 SF
Year Built
1988
Buildings
1
Stories
1
Listing Agency:
Signature Associates - Southfield
Listed By:
Paul S. Hoge · License #6502127881
(248) 948-0103
Source:
Cpix.resimplifi
Added: Sep 22, 2025
Changed: Oct 25
Last Checked: Oct 28 at 4:41AM
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 Signature Associates - Southfield
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Investment Insights
Based on property information with market context.
This upgraded second-story office suite is centrally located and includes modernized office interiors, restrooms, and a lunchroom. The building features five newer HVAC units serving the office areas, along with central vacuum. Additional onsite systems include an air lines and compressor availability, camera and alarm system, and an elevator for access. A spray booth and scissor lift are also available, and the space includes approximately 1,840 square feet.
The property is located at 4250 Normandy Ct in Royal Oak, Michigan, offering an on-site configuration designed to support office use along with related facilities.
With elevator access and the included building systems, the suite is set up for day-to-day office operations and internal training or entertaining needs.
The property is located at 4250 Normandy Ct in Royal Oak, Michigan, offering an on-site configuration designed to support office use along with related facilities.
With elevator access and the included building systems, the suite is set up for day-to-day office operations and internal training or entertaining needs.
Key Highlights
- 1,840 SF 2nd‑story office with elevator access for training/entertaining
- Completely upgraded and modernized offices, restrooms, and lunchroom
- (5) newer HVAC units for the offices, with air lines and compressor available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$216,705
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,334,100
$4.3M
Cap Rate 7%
$3,095,786
$3.1M
Cap Rate 9%
$2,407,833
$2.4M
Market Conditions
NOI Build-Up for 62,950 SF
Gross rent
$377.7K $6.00/SF
− Vacancy
−$88.8K −$1.41/SF
EGI
$288.9K $4.59/SF
− OpEx
−$72.2K −$1.15/SF
NOI
$216.7K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,334,100
Cap Rate 7%
$3,095,786
Cap Rate 9%
$2,407,833
Alternative Uses
Best Use
Office B
$3.10M
$2.71M – $3.61M
NOI $216,705 @ 7.0% cap · market cap 2,222,615.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.58M
$11.88M – $15.84M
NOI $950,444 @ 7.0% cap · market cap 9,748,143.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Modernized office space includes upgraded restrooms, lunchroom, and multiple HVAC units.
Where is this office unit located?
The property is located at 4250 Normandy Ct Royal Oak, MI.
What are key features of this property?
This property features: 1,840 SF 2nd‑story office with elevator access for training/entertaining; Completely upgraded and modernized offices, restrooms, and lunchroom; (5) newer HVAC units for the offices, with air lines and compressor available
