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    OFF-MARKET
    Land

    3200 14 Mile Rd, Birmingham, MI 48073

    5.63 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.63-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Royal Oak, Michigan. Situated at the major intersection of Coolidge and 14 Mile Road, this property benefits from high visibility and significant traffic flow. The site is zoned for Retail Industrial use, offering considerable flexibility for a variety of development projects. A gas station anchors the west side of the property, providing established commercial presence and attracting substantial customer traffic. A particularly attractive feature is the 1.65-acre eastern portion, perfectly suited for a car wash or fast-food establishment with a drive-thru. This section benefits from a newly created intersection complete with a traffic light, ensuring convenient and safe access for customers. The asking price for this strategically located and versatile property is $2,500,000. This represents a unique chance to capitalize on Royal Oak's robust economy and prime location within Oakland County, Michigan, zip code 48073. The property's address is 3200 W 14 Mile Rd, Birmingham, MI.

    Property profile
    Verified
    Property type Land
    Lot 5.63 ac (245,243 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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