Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

221 Main St Royal Oak, MI 48067

OFF-MARKET
Other specialty properties
Property ID
US43-1079852
18,398 SF 0.76 ac lot Built 1968
Last sale Jul 2018 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial land parcel located north of Eleven Mile Road on the west side of Main Street, with approximately 300 feet of frontage along Main Street. The parcel’s current zoning permits a range of commercial uses, including retail, office, business services, and hotel, among other allowed uses. The site is situated within an area characterized by active pedestrian traffic and proximity to downtown commercial amenities, and it is also positioned near mixed-use development projects intended to include residential, office, and retail components.

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?
$163k
Tax billed · 2023

Value estimate

· Oct 2026
$3.40M
$3.06M – $3.74M
Submarket $/SF estimate$3.47M

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?
PUD
This zone is intended to provide for various types of land uses planned in a manner which shall encourage the use of land in accordance w...
General categoryPLANNED_DEVELOPMENT
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.5
Dry Cleaner9.3
Grocery Store9.2

Location

221 Main St Royal Oak, MI 48067-4136
County assessor Recorded deeds · 7 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 · 8 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 221 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved