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Meticulously Maintained Property with Exposure
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3255 W Hamlin Rd, Rochester, MI

Rare property with M-59 exposure and abundant natural light.

Property Size83,663 SF
Lot Size5.99 Acres
Price / SF$108.77
Days on Market309

Property Features for 3255 W Hamlin Rd

General Information

Standard status Active
Size 83,663 SF
Lot size 5.99 Acres
Property subtype FLEX_R_AND_D
Listing Agency: Newmark Knight Frank Detroit
Listed By: Christopher Dowell · License #6502102638
Source: Moodyscre
Added: Sep 25, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:56AM

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 Newmark Knight Frank Detroit

Investment Insights

Based on property information with market context.

This meticulously maintained property offers a rare and unique opportunity. The two-story building benefits from tremendous exposure on M-59 and features a newer parking lot. The property provides an abundance of natural light. The property size is 83663 square feet and is suitable for flex space and industrial purposes.

Key Highlights

  • Tremendous M‑59 exposure
  • Meticulously maintained
  • Rare and unique property

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 $614.9k $7.35
− Vacancy −$22.8k −$0.27
EGI $592.2k $7.08
− OpEx −$177.7k −$2.12
NOI $414.5k $4.95
83,663 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 30.00%

Alternative Uses

Best Use
Flex RnD
$12.36M
$10.82M – $14.42M (±1% cap)
NOI $865,310 @ 7.0% cap · market cap 9.51%
Second Best
Industrial
$5.92M
$5.18M – $6.91M (±1% cap)
NOI $414,520 @ 7.0% cap · market cap 4.56%
Theoretical Best
Specialty Retail
$18.05M
$15.79M – $21.05M (±1% cap)
NOI $1,263,177 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Trico Products Corporation Industrial Manufacturer Vitro Automotive Auto Repair Shop Pittsburgh Glass Works, ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Parking Lot & Garage Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Rare property with M-59 exposure and abundant natural light.
Where is this flex space located?
The property is located at 3255 W Hamlin Rd Rochester, MI.
What is the asking price?
The asking price for this property is $9,100,000.
What are key features of this property?
This property features: Tremendous M‑59 exposure; Meticulously maintained; Rare and unique property
(248) 447-2717 Call to check price and availability
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