Financial
Distress signals
Property profile

208 5th Ave Royal Oak, MI 48067

OFF-MARKET
Turn key restaurants
Property ID
US43-0719322
11,310 SF 0.16 ac lot Built 1995
Last sale Dec 2025 · $3,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$71k
Tax billed · 2021
Assessed value · 2024$1.37M
Effective rate5.17%

Value estimate

· Sep 2026
$2.97M
$2.67M – $3.27M
Submarket $/SF estimate$2.45M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$99 – $238

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market12.7
Laundry Service12.1
Grocery Store11.8

Location

208 5th Ave Royal Oak, MI 48067-3813
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
107 Main, Royal Oak, MI 48067-2610 $575,000 Jan 2024 3,275 SF
112 3rd, Royal Oak, MI 48067-2601 $800,000 Jul 2022 2,933 SF
111 Main, Royal Oak, MI 48067-2610 $1,025,000 Jan 2022 3,278 SF
112 Main, Royal Oak, MI 48067-2658 $925,000 Oct 2021 4,092 SF
100 Main, Royal Oak, MI 48067-2630 $3,465,000 Jun 2020 6,351 SF
841 11th Mile, Royal Oak, MI 48067-1965 $215,000 Apr 2019 3,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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