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Property profile

4233 Delemere Blvd Royal Oak, MI 48073

OFF-MARKET
Other industrial properties
Property ID
US43-1617663
14,453 SF 0.53 ac lot Built 1962
Last sale Jun 2020 · $855,150
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. 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

A fully renovated flex warehouse with an attached newly finished office area and two open warehouse bays, located at 4233 Delemere Blvd in Royal Oak, MI 48073. The building provides a total of 9,000 square feet of open warehouse space at approximately 28' clear height and an additional 4,000 square feet at approximately 17' clear height. The facility is configured to support mixed work and storage uses within a single building footprint, with interior and exterior renovations completed as part of the improvements.

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 · 2021

What does the county charge?
$20k
Tax billed · 2021
Assessed value · 2024$476k
Effective rate4.23%

Value estimate

· Oct 2026
$1.06M
$950k – $1.16M
CAP approach$1.10M
Submarket $/SF estimate$1.31M

Realmo valuation models over county records and 13 qualifying comparable sales.

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
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GEN IND
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply35.2
Restaurant33.3
Law Firm29.8

Location

4233 Delemere Blvd Royal Oak, MI 48073-1804
County assessor Recorded deeds · 4 transfers 13 qualifying comp sales 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
4248 Delemere, Royal Oak, MI 48073-1808 $570,000 Oct 2022 3,801 SF
4306 Normandy, Royal Oak, MI 48073-2265 $3,000,000 Feb 2021 53,346 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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