3310 Main StRoyal Oak, MI 48073

  • Land
  • 589 SF
For Sale

Property Details for 3310 Main St

Year built
1984
Lot size
0.43 AC
Property size (Sq ft)
589 SF
Zone code
MIX USE 2
Property type
Land
Property subtype
Commercial land
APN
72-25-03-354-007
APU
722503354007

Description

This exceptional 0.39-acre commercial land parcel presents a unique development opportunity in the thriving city of Royal Oak, Michigan. Strategically located at the hard corner of 13 Mile and Main Street, this site boasts exceptional visibility and accessibility from two major thoroughfares, ensuring high traffic exposure for any future development. The property's location within a well-established and densely populated neighborhood guarantees a strong customer base. The address is 3310 N. Main Street, Royal Oak, MI 48073, within Oakland County. The site is zoned to prohibit the sale of motor fuels, petroleum products, and convenience stores, opening possibilities for a diverse range of commercial ventures. This prime location offers significant potential for investors and developers seeking a high-impact commercial project in a desirable Michigan market. The property's size and location make it ideal for a variety of uses, subject to local zoning regulations. Given its prominent position and high traffic count, this land parcel represents a rare opportunity to establish a successful business in a vibrant and growing community. Detailed site plans and zoning information are available upon request. This is a truly exceptional opportunity to acquire a highly visible and accessible commercial property in a prime Royal Oak location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $140,219
    Hospitality
    $128,440
    Educational
    $106,861
    Medical
    $110,536
    Retail
    $166,228
3310 Main St, Royal Oak, Michigan

Location Insight

City
Royal Oak
County
Oakland
State
Michigan
Latitude
42.5194
Longitude
-83.1452
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
2023
$4,941
$139,830
-
$139,830
-
$279,660
-
$279,660

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