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    1410 Allen Dr Troy, MI 48083

    For Sale
    $6,100,000

    Prime Troy location, I-75 access, 53,000 sq ft.

    Property size:
    52,919 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 52,919 square foot industrial warehouse is situated in a prime Troy, Michigan location, directly off I-75 freeway. Currently occupied by Witzemann Tech Center USA, the lease expires in August, presenting a unique opportunity for new ownership. The well-maintained building boasts a robust infrastructure ideal for heavy-duty manufacturing and warehousing. Ample open floor space allows for customization and efficient workflow, complemented by well-maintained pull-in loading docks and extensive parking. Its strategic location provides seamless access to major distribution hubs, suppliers, and customers, streamlining supply chain management. The surrounding area offers numerous amenities, including restaurants, retail centers, and business services, supporting a thriving workforce. This property offers significant potential for investors and industrial enterprises seeking a prominent base in a vibrant community with excellent transportation links. The building's size, location, and the upcoming lease expiration combine to create an exceptional investment opportunity.

    Property Features for 1410 Allen Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    52,919 SF

    Building Details

    Year Built
    1919
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Witzenmann USA Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.12386
    Latitude
    42.54618

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    FAQs

    What type of property is this?
    Industrial property - Prime Troy location, I-75 access, 53,000 sq ft.
    Where is this industrial property located?
    The property is located at 1410 Allen Dr Troy, MI.
    What is the asking price?
    The asking price for this property is $6,100,000.
    (313) 274-7200
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    1410 Allen Dr Troy, MI 48083
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1410 Allen Dr Troy, MI 48083
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