Property profile

708 Lincoln Ave Royal Oak, MI 48067

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1774945
2,494 SF 0.26 ac lot Built 1978
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1978
Total area 2,494 SF
Lot 0.26 ac (11,108 SF)
Zoning code ONE FAM OV
APN 72-25-22-327-025
UPID US43-1774945

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

708 Lincoln Ave Royal Oak, MI 48067-3356
Royal Oak metro Census 184600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2023
Last sale
$400,000
2 recorded transactions
2023
$400,000
1969
Price N/A

Zoning & alternative use

ONE FAM OV · Royal Oak, MI

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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