Office Building with R&D
For Sale
Contact for pricing
1350 John R Rd, Troy, MI 48083
Office property offering space for research and development operations, with parking and main-road visibility.
Property Size75,400 SF
Price / SF$0.00
Days on Market366
Property Features for 1350 John R Rd
General Information
Standard status
Active
Size
75,400 SF
Property subtype
Office
Zoning
R-1E
Building Details
Building Size
75,400 SF
Listing Agency:
Colliers
Listed By:
Bryan Barnas · License #6505287317
(810) 623-8013
Source:
Cpix.resimplifi
Added: Oct 16, 2025
Changed: Oct 3
Last Checked: Oct 14 at 7:48PM
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
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.
This office building provides 37,400 to 75,400 square feet of available space for R&D expansion. The approximately 19.97-acre property includes parking and carries R-1E zoning. Main-road visibility supports clear exposure for the site. The property is located at 1350 John R Rd in Troy, Michigan, within the 48083 ZIP code.
Key Highlights
- 37,400 to 75,400 square feet of available space for R&D expansion
- Approximately 19.97‑acre office property
- R‑1E zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$259,565
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,191,300
$5.2M
Cap Rate 7%
$3,708,071
$3.7M
Cap Rate 9%
$2,884,056
$2.9M
Market Conditions
NOI Build-Up for 75,400 SF
Gross rent
$452.4K $6.00/SF
− Vacancy
−$106.3K −$1.41/SF
EGI
$346.1K $4.59/SF
− OpEx
−$86.5K −$1.15/SF
NOI
$259.6K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,191,300
Cap Rate 7%
$3,708,071
Cap Rate 9%
$2,884,056
Alternative Uses
Best Use
Office B
$3.71M
$3.24M – $4.33M
NOI $259,565 @ 7.0% cap · market cap 2,370,456.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$16.26M
$14.23M – $18.97M
NOI $1,138,419 @ 7.0% cap · market cap 10,396,520.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
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
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Office property offering space for research and development operations, with parking and main-road visibility.
Where is this office building located?
The property is located at 1350 John R Rd Troy, MI.
What are key features of this property?
This property features: 37,400 to 75,400 square feet of available space for R&D expansion; Approximately 19.97‑acre office property; R‑1E zoning
