Two-Story Flex Office-Shop
For Sale
$975,000
2500 Rochester Ct, Troy, MI 48083
Two-story flex building with first-floor shop space featuring a 10' overhead door and a dedicated second-floor office area.
Property Size5,816 SF
Lot Size0.30 Acres
Price / SF$167.64
Days on Market731
Property Features for 2500 Rochester Ct
General Information
Standard status
Active
Size
5,816 SF
Lot size
0.30 Acres
Property subtype
Office
Zoning
O
Warehouse & Industrial
Drive-In Doors
1
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Building Size
5,816 SF
Year Built
1968
Year Renovated
2016
Buildings
1
Stories
2
Listing Agency:
Thomas A. Duke Company
Listed By:
Jordan Schafer
(248) 479-0130
Source:
Cpix.resimplifi
Added: Oct 21, 2024
Changed: Oct 16
Last Checked: Oct 20 at 5:25PM
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 Thomas A. Duke Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Well-built two-story flex building totaling 5,816 SF on 0.30 acres, positioned at the end of a cul-de-sac. The first floor offers 2,908 SF of flex/shop space with 10' overhead door access, while the second floor provides an additional 2,908 SF for office use.
The property is located on Rochester Ct, just off Rochester Rd and just south of Big Beaver Rd and the I-75 expressway. Zoning is O-1 (Office Building District). Seller improvements include a roof replacement in 2016, an updated kitchenette, and replacement of 3 of the 5 rooftop HVAC units within the last two years.
Additional site and building power includes a 230 3-phase 1,000 amp service.
The property is located on Rochester Ct, just off Rochester Rd and just south of Big Beaver Rd and the I-75 expressway. Zoning is O-1 (Office Building District). Seller improvements include a roof replacement in 2016, an updated kitchenette, and replacement of 3 of the 5 rooftop HVAC units within the last two years.
Additional site and building power includes a 230 3-phase 1,000 amp service.
Key Highlights
- 5,816 SF, two‑story flex building on 0.30 acres, located at the end of a cul‑de‑sac
- First‑floor 2,908 SF flex/shop space with a 10' overhead door
- Second‑floor 2,908 SF office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,154
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,203,080
$1.2M
Cap Rate 7%
$859,343
$859.3K
Cap Rate 9%
$668,378
$668.4K
Market Conditions
NOI Build-Up for 5,816 SF
Gross rent
$104.7K $18.00/SF
− Vacancy
−$12.1K −$2.09/SF
EGI
$92.5K $15.91/SF
− OpEx
−$32.4K −$5.57/SF
NOI
$60.2K $10.34/SF
Area
Oakland County, MI
Vacancy
11.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,203,080
Cap Rate 7%
$859,343
Cap Rate 9%
$668,378
Alternative Uses
Best Use
Flex RnD
$859.3K
$751.9K – $1.00M
NOI $60,154 @ 7.0% cap · market cap 6.17%
Second Best
Industrial
$411.7K
$360.2K – $480.3K
NOI $28,816 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$1.25M
$1.10M – $1.46M
NOI $87,812 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,116
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Metrix Café — 1414 E Maple Rd, Troy, MI 48083
- Clean Eatz — 319 E Big Beaver Rd, Troy, MI 48083
- Zoyo Frozen Yogurt Troy — 3067 Rochester Rd, Troy, MI 48083
- sweetest gourmet — 1451 E Big Beaver Rd, Troy, MI 48083
Frequently Asked Questions
What type of property is this?
Flex space - Two-story flex building with first-floor shop space featuring a 10' overhead door and a dedicated second-floor office area.
Where is this flex space located?
The property is located at 2500 Rochester Ct Troy, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 5,816 SF, two‑story flex building on 0.30 acres, located at the end of a cul‑de‑sac; First‑floor 2,908 SF flex/shop space with a 10' overhead door; Second‑floor 2,908 SF office space
