621 11th Mile Rd Royal Oak, MI 48067-2201
- Medical offices
- 4,950 SF
- 0.46 lot acres
Current Use by Public Records
- Medical offices
Property Details for 621 11th Mile Rd
- Year built
- 1949
- Lot size
- 0.46 lot acres
- Property size
- 4,950 SF
- Zone code
- NBHD BUS
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 72-25-21-204-018
- APU
- 722521204018
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,155,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $980,000
- 6.5%
- $1,110,000
- 7%
- $985,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $950,000
- Geo Method
- $915,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,155,000
- Retail
- $1,150,000
- Mixed-Use
- $1,105,000
- Hospitality
- $975,000
- Educational
- $1,025,000
- Residential Income
- $1,050,000
- Energy
- $920,000
- Income-Based Land
- $960,000
- Food Service
- $1,025,000
Location Insight
- Map
- Local Demand
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1509
- Latitude
- 42.4894
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA