Flexible-Layout Flex
1040 E Maple Rd, Troy, MI 48083
For Sale
Contact for pricing
IB-zoned premises are suited to industrial, office, retail, or mixed-use operations.
Property Size4,928 SF
Price / SF$0.00
Days on Market8
Property Features for 1040 E Maple Rd
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Listing Agency:
Colliers
Listed By:
Gary P. Grochowski
(248) 981-6468
Source:
Cpix.resimplifi
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 8 at 2:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers
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Investment Insights
Based on property information with market context.
At 1040 E Maple Rd in Troy, this 4,928-square-foot flex property has a layout that supports industrial, office, retail, or mixed-use operations. The property is zoned IB.
Key Highlights
- 4,928‑square‑foot flex property
- IB zoning
- Layout supports industrial, office, retail, or mixed‑use operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,416
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,320
$488.3K
Cap Rate 7%
$348,800
$348.8K
Cap Rate 9%
$271,289
$271.3K
Market Conditions
NOI Build-Up for 4,928 SF
Gross rent
$36.2K $7.35/SF
− Vacancy
−$1.3K −$0.27/SF
EGI
$34.9K $7.08/SF
− OpEx
−$10.5K −$2.12/SF
NOI
$24.4K $4.95/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,320
Cap Rate 7%
$348,800
Cap Rate 9%
$271,289
Alternative Uses
Best Use
Flex RnD
$728.1K
$637.1K – $849.5K
NOI $50,969 @ 7.0% cap
Second Best
Mixed Use
$712.8K
$623.7K – $831.6K
NOI $49,896 @ 7.0% cap
Theoretical Best
Specialty Retail
$1.06M
$930.1K – $1.24M
NOI $74,405 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48083, MI
24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Oakland County, MI
Properties on Market for Flex space in Oakland County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Forte Belanger — 700 Stephenson Hwy, Troy, MI 48083
- Metrix Café — 1414 E Maple Rd, Troy, MI 48083
Frequently Asked Questions
What type of property is this?
Flex space - IB-zoned premises are suited to industrial, office, retail, or mixed-use operations.
Where is this flex space located?
The property is located at 1040 E Maple Rd Troy, MI.
What are key features of this property?
This property features: 4,928‑square‑foot flex property; IB zoning; Layout supports industrial, office, retail, or mixed‑use operations
