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Property profile

2800 W 14 Mile Rd Royal Oak, MI 48073

FOR LEASE
Other industrial properties
View Listing
Property ID
US43-0046802
212,847 SF 11.07 ac lot Built 1957
Last sale Mar 2007 · $5,183,763
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial facility located at the northeast corner of 14 Mile and Coolidge in Royal Oak, Michigan, featuring main road frontage. It provides 211,505 square feet of space and includes multiple cranes with lifting capacity up to 30 tons. The building is equipped with heavy electrical power infrastructure, along with airlines and bus duct.

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?
$140k
Tax billed · 2023
Assessed value · 2024$5.46M
Effective rate2.56%

Value estimate

· Oct 2026
$12.18M
$10.96M – $13.39M
Submarket $/SF estimate$15.01M
NOI build-up
Gross scheduled income$1.55M
Vacancy & credit loss−$58k
Operating expenses−$449k
NOI · 16,122,000.00% cap applied$1.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$81/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$53 – $107

Cap rate analysis

How does the asset earn?
16,122,000.00%
$1.05M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GEN IND
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant21.3
Law Firm19.0
Hotel & Motel18.0

Location

2800 W 14 Mile Rd Royal Oak, MI 48073
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4227 Delemere, Royal Oak, MI 48073-1804 $1,738,000 Feb 2025 9,850 SF
4847 Delemere, Royal Oak, MI 48073-1002 $440,000 Jan 2025 6,826 SF
4906 Leafdale, Royal Oak, MI 48073-1019 $430,000 Feb 2024 6,480 SF
4306 Normandy, Royal Oak, MI 48073-2265 $3,000,000 Feb 2021 53,346 SF
4233 Delemere, Royal Oak, MI 48073-1804 $855,150 Jun 2020 14,453 SF
4325 Delemere, Royal Oak, MI 48073-1806 $615,000 Dec 2018 8,678 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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