Prime Commercial Land in
3985 John R Rd, Troy, MI 48083
High-visibility commercial land with redevelopment potential in Troy, Michigan.
Type:Retail
Property size:
3,550 SFPrice / SF:
$394/SF- Added:
- Nov 12, 2024
- Days on Market:
- 546
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 3985 John R Rd
General Information
- Standard status
- Active
- Size
- 3,550 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1959
Listing agent Simon Jonna License #MI 6501357188
Listing office The Jonna Group at Colliers International
Listing date Nov 12, 2024
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 The Jonna Group at Colliers International
HighLights
- High visibility location on John R Rd with significant daily foot and vehicle traffic.
- Generous lot size zoned for commercial use, allowing for flexible redevelopment opportunities (retail, office, mixed‑use).
- Liquor License available.
- Located in Troy, a growing city with a strong economic base and affluent population.
- Easy access to major roads and highways.
- Existing utilities and infrastructure reduce redevelopment costs and timelines.
Overview
This property, situated in the heart of Troy, benefits from high visibility and easy access to major roads and highways. It is ideal for commercial redevelopment and boasts a generous lot size, providing ample space for various redevelopment opportunities, whether it's retail, office space, or mixed-use development. Zoned for commercial use, this site offers flexibility for a wide range of business ventures, enhancing its appeal to investors looking to maximize their return. A liquor license is available. Located on John R Rd, a well-trafficked thoroughfare, the property enjoys significant daily foot and vehicle traffic, which is advantageous for businesses. The area is well-developed with existing utilities and infrastructure, reducing initial redevelopment costs and speeding up project timelines. Close to shopping centers, restaurants, and other commercial establishments, the property is in a vibrant area that attracts both consumers and businesses. Troy is a growing city with a strong economic base, making it a promising location for long-term investment and development. The surrounding area has a diverse and affluent population, providing a solid customer base for any new business ventures. The property size is 3550 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
The Gathering Place
Restaurant
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1092929
- Latitude
- 42.5776922
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - High-visibility commercial land with redevelopment potential in Troy, Michigan.
Where is this commercial land located?
The property is located at 3985 John R Rd Troy, MI.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: High visibility location on John R Rd with significant daily foot and vehicle traffic.; Generous lot size zoned for commercial use, allowing for flexible redevelopment opportunities (retail, office, mixed‑use).; Liquor License available.
