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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?

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?
$7k
Tax billed · 2021
Assessed value · 2024$218k
Effective rate3.14%

Value estimate

· Oct 2026
$205k
$185k – $226k

Realmo valuation models over county records and 24 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 comparables24

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: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service10.4
Grocery Store10.0
Kitchen & Bath9.5

Location

601 Main St Royal Oak, MI 48067-1833
County assessor Recorded deeds · 4 transfers 24 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

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
949 Main, Royal Oak, MI 48067-1839 $75,000 Jul 2022 3,074 SF
832 11th Mile, Royal Oak, MI 48067-2448 $290,000 Nov 2019 3,220 SF
915 Washington, Royal Oak, MI 48067-3215 $220,000 Dec 2018 3,238 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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