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    512 Main St Royal Oak, MI 48067-1815
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    Property profile & analytics

    512 Main St, Royal Oak, MI 48067-1815

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    • Retail residential properties
    • 10,036 SF
    • 0.30 lot acres
    Off-Market
    Property ID
    US43-1568488
    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.

    Value Estimations
    $1,735,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jaye Sanders, REALTOR® / Real Estate Agency
    • Nextpointe Homes / Real Estate Agency
    • Burn Rubber / Shoe Store / Clothing Store
    • H F Architecture / Architect

    Property Details for 512 Main St

    Year built
    1924
    Lot size
    0.30 lot acres
    Zone code
    NBHD BUS
    Property type
    Retail residential properties
    APN
    72-25-15-351-024
    APU
    722515351024

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 2, 2023 — 32475 Stephenson LLC — Deed · related $394k · Citizens Bank NA
    Jul 9, 2020 — Dtro LLC — Deed · related $1.1M · Citizens Bank NA
    Sep 24, 2019 — Dtro LLC — Deed · related $32k · Citizens Bank NA
    Oct 5, 2012 $330,000 Dtro LLC Simon Property Disposition LLC Grant Deed —
    Jul 28, 2004 $650,000 Hershey Real Estate Mgmt LLC Couf Herbert 1991 Trust Warranty Deed $1M · Bank One NA
    — — Hershey Real Estate Mgmt LLC — Deed Of Trust · related $250k · Peoples State Bank
    — — Hershey R/e Management LLC — Deed Of Trust · related $950k · Peoples State Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,770,000
      Market price range: $1.17M - $2.49M
      AI Estimate
      $1,698,000
      Market price range: $1.07M - $2.49M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,895,000
      Current use
      RESTAURANT
      $1,735,000
      Change: -8% Conversion: Difficult
      RETAIL STORES
      $1,695,000
      Change: -11% Conversion: Easy
      MEDICAL BUILDING
      $1,585,000
      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
    -83.144
    Latitude
    42.4934
    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
    2021
    $25,271
    $0.00
    $0.00
    $681,380
    -
    $0.00
    $0.00
    $1,362,760
    More about this property
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