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    Property profile & analytics

    117 4Th St Royal Oak, MI 48067

    • Commercial real estate
    • 5,400 SF
    • 0.14 lot acres
    For Lease
    View listing
    $25 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US43-0209291
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Hastings Injury Law Firm / Personal Injury Attorney / Attorney
    • Young Insurance Law / Law Firm / Insurance Attorney
    • The McManus Firm / Legal Services / Criminal Justice Attorney
    • Pitt, McGehee, Palmer, Bonanni & Rivers PC / Legal Services / Criminal Justice Attorney
    • Curewell IV HAUS / Spa

    Property Details for 117 4Th St

    Year built
    1922
    Lot size
    0.14 lot acres
    Property size
    5,400 SF
    Zone code
    CBD
    Property type
    Commercial real estate
    APN
    72-25-21-239-002
    APU
    722521239002

    Description

    This exceptional Class A office building, located at 117 W 4th St in the heart of Royal Oak, Michigan, offers a prime opportunity for businesses seeking a sophisticated and functional workspace. The building boasts a total of 15,000 square feet, with 5,000 square feet currently available for lease. The space is ideal for a variety of uses, fitting both office and retail storefront needs. Its modern design and prime downtown location provide unparalleled accessibility and visibility. The building's multiple tenancy structure ensures a vibrant and collaborative environment. Situated in the desirable 48067 zip code, this property benefits from excellent proximity to local amenities, transportation options, and a thriving business community. The available 5,000 square foot space presents a unique chance to establish a prominent presence in Royal Oak's dynamic commercial landscape. This is a rare opportunity to secure high-quality office space in a highly sought-after location. Inquire today to learn more about this exceptional property and its potential to meet your business needs. The building's Class A designation reflects its superior construction, amenities, and overall quality.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1449
    Latitude
    42.487
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $53,464
    $0.00
    $0.00
    $1,152,920
    -
    $0.00
    $0.00
    $2,305,840

    Comparable in this City

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      0.61 Acres

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      COMMERCIAL (GENERAL) • 0.61 Acres
      1100 Main St, Royal Oak, MI 48067-3712
      View Details

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    Royal Oak, MI 48067
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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
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