4940 Delemere AveRoyal Oak, MI 48073

For Lease
  • Industrial properties
  • 4,010 SF

Property Details for 4940 Delemere Ave

Year built
1967
Lot size
0.23 AC
Property size (Sq ft)
4,010 SF
Zone code
GEN IND
Property type
Industrial properties
APN
72-20-32-378-031
APU
722032378031

Description

This exceptional 4,010-square-foot single-tenant property, located at 4940 Delemere Ave in Royal Oak, Michigan, presents a unique opportunity for businesses seeking a combined office and warehouse space. Built in 1967, the building boasts a desirable industrial zoning (20-32-378-031 APN) and offers ample space for various operational needs. The property features a spacious layout with a significant 15-foot ceiling height in the warehouse area, providing excellent storage and operational flexibility. The office component is ideal for executive functions and administrative tasks. Nine parking spaces are available on-site for employees and visitors. The entire 4,010 square feet is currently vacant and ready for immediate occupancy. This property is perfectly suited for a company requiring both office and warehouse functionality in a single, convenient location. Its strategic location in Royal Oak, Michigan, zip code 48073, offers easy access to major transportation routes and a thriving business community. This is a rare opportunity to secure a well-maintained, single-tenant industrial/office building in a prime location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $954,634
    Hospitality
    $874,439
    Educational
    $727,523
    Medical
    $752,544
    Retail
    $1,131,703
4940 Delemere Ave, Royal Oak, Michigan

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.5353
Longitude
-83.1768
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
$4,736
-
-
$112,210
-
-
-
$224,420

FAQs

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