Technical
Financial
Distress signals
Property profile

406 4th St Royal Oak, MI 48067

OFF-MARKET
Commercial real estate
Property ID
US43-4715898
9,810 SF 0.18 ac lot Built 1950
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Total area 9,810 SF
Lot 0.18 ac (8,015 SF)
Zoning code CBD
APN 72-25-22-110-004
UPID US43-4715898

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • General Contractor Renovation Specialist

Location

406 4th St Royal Oak, MI 48067-2757
Royal Oak metro Census 184400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$290k

Owner & transaction history

since 2011
7 recorded transactions
2011
$300,000
2009
Price N/A
2009
$475,000
2006
Price N/A
2005
$600,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · 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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