Freestanding Industrial Building For Sale

1216 COMBERMERE Dr, Troy, MI 48083

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For Sale

$999,000

7,480 SF industrial building with warehouse and office space.

Type:Commercial

Property size:

7,480 SF

Price / SF:

$133/SF

HighLights

7,480 SF freestanding industrial building in a prime Troy location.
Recently renovated in 2018.
Includes 2,500 SF of warehouse space with garage bay access.
Features a two‑story office space (5,000 SF total).
Fenced private lot offers expansion, parking, or storage options.
Convenient access to Rochester Road, Stephenson Highway, and I‑75.

We can help!

Listing Contact

Raphael Roufail

Learn more

For Sale

$999,000

7,480 SF industrial building with warehouse and office space.

Type:Commercial

Property size:

7,480 SF

Price / SF:

$133/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 5:51 pm

Property Features for 1216 COMBERMERE Dr

General Information

Standard status: Active
Size: 7,480 SF
Property subtype: Commercial

Building Details

Year Built: 1969

We can help!

Listing Contact

Raphael Roufail

Listing agent Raphael Roufail License #6501438711

Listing office Brookstone

Listing date Apr 24, 2026

Source Elliman

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 Brookstone

HighLights

7,480 SF freestanding industrial building in a prime Troy location.
Recently renovated in 2018.
Includes 2,500 SF of warehouse space with garage bay access.
Features a two‑story office space (5,000 SF total).
Fenced private lot offers expansion, parking, or storage options.
Convenient access to Rochester Road, Stephenson Highway, and I‑75.

Overview

This 7,480 SF freestanding industrial building presents an excellent owner/user opportunity. The property, recently renovated in 2018, includes 2,500 SF of warehouse space with garage bay access and a two-story office space, with each floor measuring 2,500 SF. A fenced private lot behind the building offers room for expansion, parking, or storage. The property is conveniently located near Rochester Road, Stephenson Highway, and I-75, in a prime Troy location. The location has a walk score of 53, indicating it is somewhat walkable, and a bike score of 44, indicating it is somewhat bikeable.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$134.6k	$18.00
− Vacancy	−$15.6k	−$2.09
EGI	$119.0k	$15.91
− OpEx	−$41.7k	−$5.57
NOI	$77.4k	$10.34

7,480 SF · lease $18.00/SF/yr · vacancy 11.60% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$1.11M

$967.1K – $1.29M (±1% cap)

NOI $77,364 @ 7.0% cap · market cap 7.74%

Second Best

Warehouse

$642.9K

$562.5K – $750.0K (±1% cap)

NOI $45,002 @ 7.0% cap · market cap 4.50%

Theoretical Best

Specialty Retail

$1.61M

$1.41M – $1.88M (±1% cap)

NOI $112,936 @ 7.0% cap · market cap 11.30%

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

Location Intelligence

Current Use by Public Records

Technicolor Marketing & Advertising F&P Painting Total ... Painting Robert Green Building ... Construction Company

Suggested Use

Location Insight

Map
Local Demand

City: Troy
County: Oakland
State: Michigan
Longitude: -83.137661
Latitude: 42.5440764

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For sale
Flex space
MI
Troy
48083
1216 COMBERMERE Dr

What type of property is this?

Flex space - 7,480 SF industrial building with warehouse and office space.

Where is this flex space located?

The property is located at 1216 COMBERMERE Dr Troy, MI.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: 7,480 SF freestanding industrial building in a prime Troy location.; Recently renovated in 2018.; Includes 2,500 SF of warehouse space with garage bay access.