Technical
Financial
Distress signals
Property profile

1015 Main St Royal Oak, MI 48067

OFF-MARKET
Commercial real estate
Property ID
US43-0161509
3,467 SF 0.13 ac lot Built 1983
Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Total area 3,467 SF
Lot 0.13 ac (5,619 SF)
Zoning code MIX USE 2
APN 72-25-22-303-046
UPID US43-0161509

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply
  • (Bike/Boat/Book/etc) Store

Location

1015 Main St Royal Oak, MI 48067-3240
Royal Oak metro Census 184600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k

Owner & transaction history

since 1999
5 recorded transactions
2020
Price N/A
1999
$450,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MIX USE 2 · Royal Oak, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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