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    3310 Main St Royal Oak, MI 48073

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    For Sale
    Contact for pricing

    0.39-acre lot, high-traffic area, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.39-acre commercial land parcel presents a unique development opportunity in the thriving city of Royal Oak, Michigan. Strategically located at the hard corner of 13 Mile and Main Street, this site boasts exceptional visibility and accessibility from two major thoroughfares, ensuring high traffic volume and significant exposure for any future development. The property's former use as a Speedway gas station provides a solid foundation for a variety of commercial ventures. However, it's important to note that the sale of motor fuels, petroleum products, and operation as a convenience store are restricted for this site. This restriction opens the door for creative and innovative commercial projects that will benefit from the property's prime location and high traffic count. The property's address is 3310 N Main St, Royal Oak, MI 48073, within Oakland County. Its geographic coordinates are 42.5193999 latitude and -83.1452261 longitude. This is an excellent opportunity for developers seeking a well-positioned site in a dynamic and desirable Michigan community. The property's size and location make it ideal for a range of commercial uses, subject to local zoning regulations and the aforementioned restrictions. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 3310 Main St

    General Information

    Property type
    Land
    Lot Size
    16,988 SF

    HighLights

    • 0.39‑acre commercial land parcel for sale in Royal Oak, MI.
    • Located at the hard corner of 13 Mile and Main St, offering excellent visibility and accessibility.
    • High‑traffic area ideal for development.
    • Restricted from use as a gas station or convenience store.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -83.1452261
    Latitude
    42.5193999

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    FAQs

    What type of property is this?
    Land - 0.39-acre lot, high-traffic area, development potential.
    Where is this land located?
    The property is located at 3310 Main St Royal Oak, MI.
    What are key features of this property?
    This property features: 0.39-acre commercial land parcel for sale in Royal Oak, MI.; Located at the hard corner of 13 Mile and Main St, offering excellent visibility and accessibility.; High-traffic area ideal for development.
    Request Owner's contact information
    3310 Main St Royal Oak, MI 48073
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    Royal Oak, MI 48073
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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
    3310 Main St Royal Oak, MI 48073
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