Financial
Distress signals
Property profile

601 Main St Royal Oak, MI 48067

OFF-MARKET
Retail residential properties
Property ID
US43-1743323
1,439 SF 0.21 ac lot Built 1928
Last sale Mar 2015 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 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

Retail space totaling 3,598 square feet is located on Main Street in Downtown Royal Oak, within a walkable commercial corridor near Centennial Commons and the Royal Oak Farmers Market. The property benefits from nearby event activity associated with Centennial Commons and established downtown attractions, and it is positioned with access to major regional routes including I-75, I-696, and Woodward Ave, as well as nearby SMART bus service. The surrounding area includes ongoing and planned

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$7k
Tax billed · 2021
Assessed value$218k
Effective rate3.14%

Value estimate

· Sep 2026
$205k
$185k – $226k

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

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$116 – $248
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?
NBHD BUS
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Electronics Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electronics Store10.6
Acupuncture10.2
Smoke and Vape Shop9.9

Location

601 Main St Royal Oak, MI 48067-1833
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 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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