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    414 Hudson Ave Royal Oak, MI 48067

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    For Sale
    Contact for pricing

    Spacious industrial warehouse, prime location.

    Property size:
    74,426 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 74,426-square-foot warehouse, situated on a 3.65-acre lot in Royal Oak, Michigan, presents a compelling investment opportunity. Built in 1974, this two-story building boasts a versatile layout ideal for various industrial uses. The property features eight dock-high doors (9' x 10'), each equipped with manual levelers and lights, along with ten oversized grade-level doors, providing ample access for loading and unloading. Two truck scales and a drive-through mechanic bay add to its functionality. The warehouse benefits from substantial power (4,200a/480v/3-phase, buyer to verify), and an active rail spur with five loading docks and three manual levelers. The property is fully fenced with electric gates and sits on an all-concrete lot. Clear heights range from 22' to 27', offering significant vertical space. Its prime location offers excellent access to I-75 and I-696, and is conveniently located one block off Main Street in downtown Royal Oak, within walking distance of numerous amenities. The property encompasses an entire city block with access from two sides. A premium, two-story office space is included, complete with an elevator, kitchen, dining room, and bar area. The General Industrial zoning allows for potential redevelopment opportunities, particularly considering its proximity to residential and multifamily developments. APN: 72-25-22-304-014. Zip code: 48067.

    Property Features for 414 Hudson Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    74,426 SF
    Lot Size
    158,994 SF

    Building Details

    Year Built
    1974
    Stories
    2

    HighLights

    • 74,426 SF warehouse on a 3.65‑acre lot.
    • Potential for residential/multifamily redevelopment.
    • 22'-27' clear height.
    • Eight (8) dock‑high doors (9'x10') with manual levelers and lights.
    • Ten (10) oversized grade‑level doors.
    • Two (2) truck scales and a drive‑through mechanic bay.
    Property Profile Location Intelligence

    Current Use by Public Records

    Green For Life Recycling Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1396178
    Latitude
    42.4809655

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    FAQs

    What type of property is this?
    Distribution property - Spacious industrial warehouse, prime location.
    Where is this distribution property located?
    The property is located at 414 Hudson Ave Royal Oak, MI.
    What are key features of this property?
    This property features: 74,426 SF warehouse on a 3.65-acre lot.; Potential for residential/multifamily redevelopment.; 22'-27' clear height.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    414 Hudson Ave Royal Oak, MI 48067
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