627 11th Mile Rd, Royal Oak, MI 48067-1961
This exceptional 4,568-square-foot office building is ideally situated in Royal Oak, Michigan, at 627 E. Eleven Mile Rd, 48067. The single-tenant property offers versatile space suitable for various uses, including medical, executive, or creative office settings. Previously utilized as a physical therapy clinic, the building presents a unique opportunity for immediate occupancy or customization. The owner is prepared to finance interior modifications to suit a buyer's specific needs. The 0.47-acre lot provides ample on-site parking for staff and clients. Its convenient location offers easy access to the vibrant downtown Royal Oak area, making it an attractive option for businesses seeking a prominent presence. The property's adaptability extends beyond its current configuration
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NBHD BUS · Royal Oak, MIRoyal Oak. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.