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    Industrial Property in Troy, Michigan Title is generated by Realmo AI

    2222 Stephenson Highway, Troy, MI 48083

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    30,210 SqFt industrial property available for sale.

    Type:Industrial
    Property size:
    30,210 SF
    Price / SF:
    $91/SF
    Added:
    Mar 7, 2026
    Days on Market:
    104
    Last Refresh:
    Mar 16 at 3:15 pm

    Property Features for 2222 Stephenson Highway

    General Information

    Standard status
    Active
    Size
    30,210 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1968

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    Listing Contact
    Sean Jamian

    Listing agent Sean Jamian License #MI

    Listing office Colliers - Royal Oak/Detroit, Michigan

    Listing date Mar 7, 2026

    Source Crexi

    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 - Royal Oak/Detroit, Michigan

    HighLights

    • Industrial property available.
    • 30,210 SqFt of space.
    • Year Built: 1968.

    Overview

    This industrial property offers 30,210 square feet of space. The property is located in Troy, Michigan.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $222.0k $7.35
    − Vacancy −$8.2k −$0.27
    EGI $213.8k $7.08
    − OpEx −$64.1k −$2.12
    NOI $149.7k $4.95
    30,210 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $2.14M
    $1.87M – $2.49M (±1% cap)
    NOI $149,680 @ 7.0% cap · market cap 5.39%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $6.52M
    $5.70M – $7.60M (±1% cap)
    NOI $456,123 @ 7.0% cap · market cap 16.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Classic Systems Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1257052
    Latitude
    42.5554446

    FAQs

    What type of property is this?
    Industrial property - 30,210 SqFt industrial property available for sale.
    Where is this industrial property located?
    The property is located at 2222 Stephenson Highway Troy, MI.
    What is the asking price?
    The asking price for this property is $2,775,000.
    What are key features of this property?
    This property features: Industrial property available.; 30,210 SqFt of space.; Year Built: 1968.
    More about this property
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