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4122 Devon Rd - 0.47 Acres For Development 944 SF Specialty Building Offered at $550,000 in Royal Oak, MI 48073
Investment Highlights
- Plans For An 11-Unit Apartment Development Is Available
- Strong Demographics - Population Within A 5-Mile Radius: 302,906
- Heavy Traffic County: 22,0900 On Crooks Rd & 7,200+ On Normandy Rd
- Possible Rezoning For Child Care Services, Medical, And Other Similar Services
- In Close Proximity To Major National Retailers And Large Corporate Facilities
- Currently Has An Income Of $2k/Month On A MTM Basis
Executive Summary
Plans For An 11-Unit Apar tment Development Is Available
Property Facts
| Price | $550,000 | Building Size | 944 SF |
| Price Per SF | $582.63 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2026 |
| Property Type | Specialty |
| Price | $550,000 |
| Price Per SF | $582.63 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Size | 944 SF |
| No. Stories | 1 |
| Year Built | 2026 |
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-05-428-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $162,790 |
Property Taxes
Parcel Number
25-05-428-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$162,790
Contacts
-
Deno Bistolarides -
Marcel Sarkisian -
Brandon Abdelnour -
Encore Real Estate Investment Services
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4122 Devon Rd - 0.47 Acres For Development
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