333 W 7Th St Royal Oak, MI 48067
Property profile & analytics
333 W 7Th St Royal Oak, MI 48067
- Office Spaces
- 26,584 SF
- 0.85 lot acres
Property ID
US43-0124758
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
- The Reizen Law Group / Law Firm
- Blue Water Financial / Financial Advisor
- FedEx Drop Box / Postal Service / Courier Service
- Eisbrenner Public Relations / Marketing & Advertising / Advertising Agency
- Medasource - Detroit / Business Management Consultant / Business Development Service
Property Details for 333 W 7Th St
- Year built
- 1925
- Lot size
- 0.85 lot acres
- Property size
- 26,584 SF
- Zone code
- CBD
- Property type
- Office Spaces
- APN
- 72-25-21-285-012
- APU
- 722521285012
Description
This exceptional three-story, 40,000 square foot creative office building, located at 333 West Seventh Street in Royal Oak, Michigan, presents a unique investment opportunity. Built in 1925 and extensively renovated in 2013, the Class B property boasts 20 suites, offering flexible spaces ranging from a minimum of 1,150 square feet to a maximum contiguous area of 5,400 square feet. The building sits on a one-acre lot at the corner of Seventh and Lafayette, providing convenient access to downtown Royal Oak's vibrant shops and restaurants. Tenants will appreciate the 10-foot ceilings, a mix of hardwood and polished concrete floors, and the convenience of a single passenger elevator. On-site parking is available, with a ratio of approximately one space per 850 square feet of rented space, totaling 40 spaces. The property's prime location and modern amenities make it an ideal choice for businesses seeking a stylish and functional workspace in a thriving urban setting. The building's multiple tenancy structure allows for diverse occupancy and potential for strong rental income. This is a rare opportunity to acquire a well-maintained, historically significant building in a highly desirable location. The zip code is 48067.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,589,000
- AI Estimate
- $6,589,000
Market price range: $3.09M - $6.59MMarket price range: $2.82M - $6.59M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,015,000 Current use
- RESTAURANT
- $4,600,000 Change: -8% Conversion: Difficult
- RETAIL STORES
- $4,485,000 Change: -11% Conversion: Easy
- MEDICAL BUILDING
- $4,195,000 Change: -16% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1474
- Latitude
- 42.4841
- 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
2023
$73,315
$0.00
$0.00
$3,174,470
-
$0.00
$0.00
$6,348,940
