Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office Spaces

    422 11th Mile Rd, Royal Oak, MI 48067-2241

    1,536 SF 0.06 ac lot Built 1954
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US43-4743468
    Property summary
    AI-generated overview

    This exceptional two-story, 2,304 square foot executive office building presents a unique owner-user opportunity in the vibrant heart of Royal Oak, Michigan. Constructed in 1954 and renovated in 2008, this Class C property boasts a multi-tenant configuration, ideal for both individual businesses and those seeking to expand. Situated on a 0.06-acre lot at 422 West Eleven Mile Road, the building benefits from high visibility and accessibility, with prominent signage along a road boasting approximately 20,000 cars daily. The convenient location offers easy access to downtown Royal Oak, and the property includes ample free city parking just steps from the entrance. The building's 2,304 square feet are spread across two stories, providing flexibility for various business needs. With a parking ratio of 1.3 spaces per 1,000 square feet, parking is readily available for tenants and clients. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Michigan community. The building's history and recent renovations combine to offer a blend of character and modern functionality. This property is perfect for a business seeking a high-profile location with excellent visibility and convenient amenities.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1954
    Total area 1,536 SF
    Lot 0.06 ac (2,570 SF)
    Zoning code NBHD BUS
    APN 72-25-16-480-001
    UPID US43-4743468
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    422 West 11 LLC · 3 yrs held
    422 West 11 LLC
    since 2022
    Last sale
    $375,000
    5 recorded transactions
    2022
    $375,000
    2020
    2008
    $250,000
    2005
    1969
    Zoning & alternative use
    NBHD BUS · Royal Oak, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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 422 11th Mile Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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