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    1410 Allen Dr Troy, MI 48083

    Sponsored
    For Sale
    $6,100,000

    Prime Troy industrial warehouse, excellent location.

    Property size:
    56,295 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 56,295-square-foot warehouse in Troy, Michigan, presents a compelling investment opportunity. Located at 1410 Allen Drive, 48083, this industrial property boasts a substantial 14,855 square feet of recently updated office space, ideal for administrative functions or tenant occupancy. The warehouse itself features a generous 22'8" clear height, providing ample space for storage and operations. Convenient access is ensured by two truckwells and multiple grade-level doors, including two 12' x 14' doors and three 8' x 8' doors. The property also includes ventilation fans for optimal climate control. An added benefit is the availability of an extra four acres of land to the rear of the building, with additional frontage on Stephenson Highway also available for potential expansion or separate development. The asking price is $6,100,000, translating to $108.36 per square foot. While a sale is preferred, lease options may be considered. This property is situated in Oakland County, Michigan, offering easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-maintained, spacious warehouse with significant potential for growth and profitability.

    Property Features for 1410 Allen Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    56,295 SF

    HighLights

    • 56,295 square feet available for lease or sale.
    • 14,855 square feet of modern office space.
    • 22'8" clear ceiling height.
    • Two truckwells.
    • Five grade‑level loading doors (two 12' x 14', three 8' x 8').
    • Recently updated offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Witzenmann USA Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop 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
    -83.1237644
    Latitude
    42.5461731

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    FAQs

    What type of property is this?
    Distribution property - Prime Troy industrial warehouse, excellent location.
    Where is this distribution property located?
    The property is located at 1410 Allen Dr Troy, MI.
    What is the asking price?
    The asking price for this property is $6,100,000.
    What are key features of this property?
    This property features: 56,295 square feet available for lease or sale.; 14,855 square feet of modern office space.; 22'8" clear ceiling height.
    Request Owner's contact information
    1410 Allen Dr Troy, MI 48083
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1410 Allen Dr Troy, MI 48083
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