Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3255 W Hamlin Rd Rochester, MI

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Rare property with M-59 exposure and abundant natural light.

    Property size:
    83,663 SF
    Lot size:
    5.99 Acres

    Property Features for 3255 W Hamlin Rd

    General Information

    Size
    83,663 SF
    Lot size
    5.99 Acres

    We can help!

    Listing Contact
    Christopher Dowell
    Christopher Dowell
    Source: Moodyscre

    Listing Agent: Christopher Dowell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Meticulously Maintained Property with Exposure

    This meticulously maintained property offers a rare and unique opportunity. The two-story building benefits from tremendous exposure on M-59 and features a newer parking lot. The property provides an abundance of natural light. The property size is 83663 square feet and is suitable for flex space and industrial purposes.
    Location Intelligence

    Current Use by Public Records

    Trico Products Corporation Industrial Manufacturer Vitro Automotive Auto Repair Shop Pittsburgh Glass Works, ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1338214
    Latitude
    42.680588

    Nearby Similar for Sale

    • $564,900

      Downtown Rochester Tea House

      Beloved tea house in downtown Rochester, a local treasure.
      118 W 3Rd St, Rochester, MI 48307
      View Details
    • $1,600,000
      4,350 SF

      Mixed-Use Retail and Office Space

      Recently constructed retail and office space near downtown Rochester, MI.
      311 W University Dr, Rochester, MI 48309
      View Details
    • $800,000

      Downtown Rochester Brick Building For Sale

      3200 SF brick building in downtown Rochester.
      134 S Main St, Rochester, MI 48307
      View Details
    • $1,200,000

      Retail Investment Opportunity in Rochester

      Retail property for sale in Rochester, Michigan.
      406 S Main St, Rochester, MI 48307
      View Details
    • $990,000

      Historic Swiss Cottage For Sale

      Historic property with redevelopment potential in Rochester, Michigan.
      428 East St, Rochester, MI 48307
      View Details
    • Contact for pricing

      Prime Retail Opportunity on Main

      High-visibility retail properties with drive-thru and pylon signage available.
      1660 E Main St, Rochester, MI 48306
      View Details
    • $1,150,000

      Downtown Rochester Retail/Office/Residential Condo

      5336 Sq. Ft. mixed-use condo in prime Downtown Rochester.
      116 Terry Ave, Rochester, MI 48307
      View Details
    • $160,000

      Rochester Hills Co-op Townhouse

      Well-maintained 2-bedroom co-op with community pool and clubhouse.
      902 Little Hill Ct, Rochester, MI 48307
      View Details
    • Contact for pricing

      Modern Condo with Open Layout

      Sophisticated condo with three bedrooms, modern finishes, and gourmet kitchen.
      324 Strawberry, Rochester, MI 48307
      View Details
    • $800,000
      3,240 SF

      Downtown Rochester Industrial Building

      Prime location, 3240 sq ft, full basement.
      134 Main St, Rochester, MI 48307
      View Details
    • Contact for pricing

      Spacious Condominium with Nature Views

      Three-bedroom condominium with finished basement and nature views.
      1946 White Birch Ct, Rochester, MI 48309
      View Details
    • $2,600,000
      49,804 SF

      704 Woodward Ave Warehouse

      Rochester, MI Warehouse - $2.6M
      704 Woodward Ave, Rochester, MI 48307
      View Details

    FAQs

    What type of property is this?
    Flex space - Rare property with M-59 exposure and abundant natural light.
    Where is this flex space located?
    The property is located at 3255 W Hamlin Rd Rochester, MI.
    What are key features of this property?
    This property features: - Tremendous M-59 exposure; - Meticulously maintained; - Rare and unique property
    (248) 447-2717 Call to check price and availability
    Request Owner's contact information
    3255 W Hamlin Rd Rochester, MI
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3255 W Hamlin Rd
    Rochester, MI
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3255 W Hamlin Rd Rochester, MI
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Christopher Dowell
    Christopher Dowell
    (248) 447-2717 (248) 350-9500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!