Flex Space with Heavy
For Sale
Contact for pricing
1743 Larchwood Ave, Troy, MI 48083
Industrial-flex property combines renovated offices with warehouse capacity, heavy power, and a fenced site.
Property Size13,595 SF
Lot Size1.50 Acres
Price / SF$0.00
Days on Market361
Property Features for 1743 Larchwood Ave
General Information
Standard status
Active
Size
13,595 SF
Lot size
1.50 Acres
Property subtype
Industrial
Zoning
IB
Warehouse & Industrial
Warehouse Space
10,395 SF
Office Build-Out
3,200 SF
Heavy Power
Yes
Additional Details
Fenced Yard
Yes
Amenities
Heavy Power
New LED Lighting
Bus Duct
Building Details
Building Size
13,595 SF
Listing Agency:
Colliers
Listed By:
Sean Jamian
(248) 226-1637
Source:
Cpix.resimplifi
Added: Oct 21, 2025
Changed: Oct 7
Last Checked: Oct 14 at 7:52PM
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
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Investment Insights
Based on property information with market context.
This flex property at 1743 Larchwood Ave in Troy, Michigan, provides 13,595 SF of combined office and warehouse space. The layout includes ±3,200 SF of renovated office area and ±10,395 SF configured for warehouse use. Heavy power, bus duct, and new LED lighting support industrial operations, while the fully fenced lot adds site security and functional separation.
The property also includes approximately 1.5 acres of surplus land, expanding the usable site area beyond the building footprint. Operating equipment may be purchased with the building. Zoned IB, the property offers an owner-user configuration with office, warehouse, power, and outdoor land components in one location.
The property also includes approximately 1.5 acres of surplus land, expanding the usable site area beyond the building footprint. Operating equipment may be purchased with the building. Zoned IB, the property offers an owner-user configuration with office, warehouse, power, and outdoor land components in one location.
Key Highlights
- 13,595 SF of total available space
- ±3,200 SF of renovated office space
- ±10,395 SF of warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,801
Suggested Prices Based on Cap Rates
Cap Rate 5%
$936,020
$936.0K
Cap Rate 7%
$668,586
$668.6K
Cap Rate 9%
$520,011
$520.0K
Market Conditions
NOI Build-Up for 13,595 SF
Gross rent
$81.6K $6.00/SF
− Vacancy
−$19.2K −$1.41/SF
EGI
$62.4K $4.59/SF
− OpEx
−$15.6K −$1.15/SF
NOI
$46.8K $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%
$936,020
Cap Rate 7%
$668,586
Cap Rate 9%
$520,011
Alternative Uses
Best Use
Flex RnD
$2.01M
$1.76M – $2.34M
NOI $140,610 @ 7.0% cap · market cap 1,176,652.72%
Second Best
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,792 @ 7.0% cap · market cap 684,451.88%
Theoretical Best
Specialty Retail
$2.93M
$2.57M – $3.42M
NOI $205,263 @ 7.0% cap · market cap 1,717,682.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
Well-served
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
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial-flex property combines renovated offices with warehouse capacity, heavy power, and a fenced site.
Where is this flex space located?
The property is located at 1743 Larchwood Ave Troy, MI.
What are key features of this property?
This property features: 13,595 SF of total available space; ±3,200 SF of renovated office space; ±10,395 SF of warehouse area
