1123 11th Mile Rd Royal Oak, MI 48067-2047
Property profile & analytics
1123 11th Mile Rd Royal Oak, MI 48067-2047
- Auto shops
- 1,516 SF
- 0.27 lot acres
Property ID
US43-5184712
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.
Location Intelligence
Current Use by Public Records
- Auto shops
Property Details for 1123 11th Mile Rd
- Year built
- 1954
- Lot size
- 0.27 lot acres
- Property size
- 1,516 SF
- Zone code
- NBHD BUS
- Property type
- Auto shops
- APN
- 72-25-15-459-028
- APU
- 722515459028
Description
This 1,516 sq ft Class A mixed-use building in Royal Oak, MI, is situated on a 0.26-acre lot with excellent frontage on E. Eleven Mile Rd. Previously an auto repair facility, it features two overhead doors and is ideally suited for various uses, including auto repair, restaurant, office, or retail, per permitted zoning. The vacant single-story building presents a compelling owner-user investment opportunity at $850,000 ($560.69/sq ft). Its high-traffic location and ample space make it an excellent choice for entrepreneurs seeking a well-positioned commercial property. The property's history as a successful auto repair shop and used car dealership speaks to its potential for continued success in a variety of commercial ventures. The substantial lot size offers additional flexibility and potential for expansion. This is a rare opportunity to acquire a well-located commercial property in a thriving area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1309
- Latitude
- 42.4905
- 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
$6,703
$0.00
$0.00
$179,470
-
$0.00
$0.00
$358,940
