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    Property profile & analytics
    OFF-MARKET Estimated value $2,835,000
    Office Spaces

    322 Lincoln Ave, Royal Oak, MI 48067-2571

    11,438 SF 0.42 ac lot Built 1962
    Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0124757
    Property summary
    AI-generated overview

    This exceptional executive office building at 322 W Lincoln Ave in Royal Oak, Michigan, offers a prime opportunity for businesses seeking flexible and modern workspace. The entire 11,476 square foot building is currently vacant and available for lease, presenting a unique chance to occupy a substantial, single-tenant space. Alternatively, the property is divisible, with a minimum leasable area of 5,738 square feet, catering to businesses of varying sizes. The building's central business district (CBD) zoning ensures convenient access to amenities and a thriving professional environment. Located in Oakland County, with the address 322 W Lincoln Ave, Royal Oak, MI 48067, this property boasts ample parking with 25 spaces available for tenants and their clients. The building's layout is designed to accommodate multiple tenants, offering a versatile solution for companies seeking collaborative or independent workspaces. The property is situated at 42.4835838 latitude and -83.1472689 longitude. This is a rare opportunity to secure a significant presence in a highly desirable Royal Oak location. The entire 11,476 square feet can be leased contiguously, providing a substantial footprint for a growing enterprise. The building's modern design and convenient location make it an ideal choice for businesses seeking a prestigious address and a productive work environment. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1962
    Total area 11,438 SF
    Lot 0.42 ac (18,339 SF)
    Zoning code CBD
    APN 72-25-21-285-013
    UPID US43-0124757
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Demorest Law Firm, PLLC Law Firm
    • Lloyd S Paley Law Offices Law Firm
    • Grow Cannabis Marketing Advertising Agency Marketing & Advertising
    • Matt Demorest - Realtor and Lender Loan Service Bank
    • Mort Meisner Associates Employment Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.84M
    Blend (final) Blend
    $2.84M
    Owner & transaction history
    Thomas G Cardelli · 8 yrs held
    Thomas G Cardelli
    since 2017
    4 recorded transactions
    2017
    1969
    1969
    1969
    Zoning & alternative use
    CBD · Royal Oak, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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