Manufacturing Building with
New
For Sale
$1,700,000
1107 Naughton Dr, Troy, MI 48083
The facility pairs 480-volt power with multiple cranes and air conditioning throughout.
Property Size17,610 SF
Days on Market2
Property Features for 1107 Naughton Dr
General Information
Standard status
Active
Size
17,610 SF
Property subtype
Industrial
Building Details
Building Size
17,610 SF
Year Built
1968
Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Nick Gitary · License #MI 6501406289
(248) 535-8454
Source:
Corfac
Added: Nov 1
Last Checked: Nov 1 at 3:37PM
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 L. Mason Capitani, Inc.
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Investment Insights
Based on property information with market context.
Built in 1968, this 17,610-square-foot manufacturing and assembly facility includes 1,482 square feet of second-floor office space. The building is air-conditioned throughout and has ceiling clearance reaching 26 feet, along with 30-ton, 15-ton, and 3-ton cranes. Electrical service is 480 volts.
The property has frontage on I-75 and is described as seconds from the highway.
The property has frontage on I-75 and is described as seconds from the highway.
Key Highlights
- 17,610 SF industrial building
- 1,482 square feet of second‑floor office space
- Ceiling height up to 26 feet; air conditioning throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,251
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,745,020
$1.7M
Cap Rate 7%
$1,246,443
$1.2M
Cap Rate 9%
$969,456
$969.5K
Market Conditions
NOI Build-Up for 17,610 SF
Gross rent
$129.4K $7.35/SF
− Vacancy
−$4.8K −$0.27/SF
EGI
$124.6K $7.08/SF
− OpEx
−$37.4K −$2.12/SF
NOI
$87.3K $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%
$1,745,020
Cap Rate 7%
$1,246,443
Cap Rate 9%
$969,456
Alternative Uses
Best Use
Industrial
$1.25M
$1.09M – $1.45M
NOI $87,251 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.80M
$3.32M – $4.43M
NOI $265,883 @ 7.0% cap · market cap 15.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
943
Businesses Nearby
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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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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - The facility pairs 480-volt power with multiple cranes and air conditioning throughout.
Where is this manufacturing property located?
The property is located at 1107 Naughton Dr Troy, MI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 17,610 SF industrial building; 1,482 square feet of second‑floor office space; Ceiling height up to 26 feet; air conditioning throughout
