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Property profile

1026 Main St Royal Oak, MI 48067

OFF-MARKET
Commercial real estate
Property ID
US43-0867032
11,520 SF 0.87 ac lot Built 1988
Last sale Nov 2012 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. 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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Property summary

AI-generated overview

This exceptional 11,564-square-foot retail space is ideally situated at 1026 N Main Street in Royal Oak, Oakland County, Michigan. The property boasts a highly visible corner location at the southeast intersection of Main Street and Gardenia Avenue, ensuring excellent exposure to a substantial customer base. Built in 1989, this single-tenant building sits on a 0.75-acre lot and is zoned BI, offering flexibility for a variety of retail uses. The property includes ample parking with 44 spaces…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value · 2024$865k
Effective rate3.77%

Value estimate

· Oct 2026
$1.46M
$1.31M – $1.61M
Submarket $/SF estimate$2.25M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$116 – $248
Qualifying comparables6

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?
NBHD BUS
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop11.1
Furniture Store10.9
Grocery Store10.2

Location

1026 Main St Royal Oak, MI 48067-1317
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
820 Washington, Royal Oak, MI 48067-3286 $380,000 Dec 2025 3,455 SF
28074 Woodward, Royal Oak, MI 48067-0933 $500,000 Mar 2024 5,964 SF
28530 Woodward, Royal Oak, MI 48067-0938 $465,250 Jan 2024 3,482 SF
1109 Washington, Royal Oak, MI 48067-3219 $368,080 Aug 2023 3,516 SF
225 Main, Royal Oak, MI 48067-2656 $1,725,000 Nov 2022 6,480 SF
28096 Woodward, Royal Oak, MI 48067-0933 $450,000 Jul 2022 5,964 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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