Property summary
This exceptional 4,010-square-foot single-tenant property, located at 4940 Delemere Ave in Royal Oak, Michigan, presents a unique opportunity for businesses seeking a combined office and warehouse space. Built in 1967, the building boasts a desirable industrial zoning (20-32-378-031 APN) and offers ample space for various operational needs. The property features a spacious layout with a significant 15-foot ceiling height in the warehouse area, providing excellent storage and operational flexibility. The office component is ideal for executive functions and administrative tasks. Nine parking spaces are available on-site for employees and visitors. The entire 4,010 square feet is currently vacant and ready for immediate occupancy. This property is perfectly suited for a company requiring both office and warehouse functionality in a single, convenient location. Its strategic location in Royal Oak, Michigan, zip code 48073, offers easy access to major transportation routes and a thriving business community. This is a rare opportunity to secure a well-maintained, single-tenant industrial/office building in a prime location. Contact us today to schedule a viewing.
Property profile
VerifiedCap rate & NOI
Current use
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Engineer
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
GEN IND · Royal Oak, MIZoning
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Zoning designation
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