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Property profile & analytics

501 Washington Ave Royal Oak, MI 48067

  • Commercial real estate
  • 6,930 SF
  • 0.08 lot acres
Value Estimation
Location Intelligence
Property ID
US43-0099178
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

  • Commercial real estate

Property Details for 501 Washington Ave

Year built
1960
Lot size
0.08 lot acres
Property size
6,930 SF
Zone code
CBD
Property type
Commercial real estate
APN
72-25-21-278-001
APU
722521278001

Description

This exceptional retail property, located at 501 S Washington Ave in Royal Oak, Michigan, offers a total of 6,930 square feet of leasable space. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant or multiple tenants to occupy this prime commercial space. The property is classified as a multi-tenant retail building situated in Oakland County, with a convenient zip code of 48067. The building's address is precisely 501 S Washington Ave, Royal Oak, MI. The property's geographic coordinates are latitude 42.486196 and longitude -83.1462637. This location offers excellent visibility and accessibility, making it ideal for a variety of retail businesses. The property is categorized as commercial retail space, providing ample room for various retail concepts. The entire 6,930 square feet is available for lease, offering flexibility for businesses of different sizes and needs. This presents a rare chance to establish a strong presence in a thriving Royal Oak commercial district. Interested parties are encouraged to inquire about lease terms and conditions. The property is ready for immediate occupancy. This is a fantastic opportunity to secure a prominent retail space in a highly desirable location.

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
-83.1463
Latitude
42.4862
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
$13,369
$0.00
$0.00
$399,980
-
$0.00
$0.00
$799,960
More about this property
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