Property profile

1219 Washington Ave Royal Oak, MI 48067

OFF-MARKET
Commercial land
Property ID
US43-1565966
2,905 SF 0.17 ac lot Built 1911
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1911
Total area 2,905 SF
Lot 0.17 ac (7,449 SF)
Zoning code MIX USE 2
APN 72-25-21-435-005
UPID US43-1565966

Cap rate & NOI

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

Location

1219 Washington Ave Royal Oak, MI 48067-3221
Royal Oak metro Census 184500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2003
1 recorded transaction
2003
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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