1413 Crooks RdRoyal Oak, MI 48067

  • Other commercial real estate
  • 724 SF
For Sale
$225,000 View listing

Property Details for 1413 Crooks Rd

Year built
1927
Lot size
0.02 AC
Property size (Sq ft)
724 SF
Zone code
MULT FAM
Property type
Other commercial real estate
APN
72-25-16-277-001
APU
722516277001

Description

This 724-square-foot office building, located at 1413 Crooks Rd in Royal Oak, Michigan, 48067, is available for $225,000. Built in 1927, this Class C property offers an open layout with abundant natural light, making it ideal for owner-users. The building boasts a prominent, high-visibility frontage on Crooks Road, experiencing over 11,000 vehicles daily. Its convenient location offers easy access to I-75 and I-696, placing it within close proximity to downtown Royal Oak. The property is zoned for multi-family use, presenting additional investment potential. The asking price equates to $310.77 per square foot. Occupancy is available February 12, 2024. This versatile space is suitable for a variety of creative and traditional office uses. The building's prime location and high traffic count make it an excellent investment opportunity. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $172,358
    Hospitality
    $157,879
    Educational
    $131,353
    Medical
    $135,871
    Retail
    $204,327
1413 Crooks Rd, Royal Oak, Michigan

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.5009
Longitude
-83.147
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$1,148
-
-
$27,450
-
-
-
$54,900

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