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    530 Stephenson Hwy Troy, MI 48083

    For Lease
    Contact for pricing

    20,400 SF Office, Single Tenant, 1.35 Acres

    Lot size:
    20,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20,400-square-foot executive office building presents a unique investment opportunity in Troy, Michigan. Situated on a generous 1.35-acre lot, the property offers a single-tenant occupancy, providing immediate income potential or the flexibility for owner-occupancy. The building is classified as Class B and boasts a total of 20,400 square feet of vacant, readily available space. Its location in Oakland County, at 530 Stephenson Highway, Troy, MI 48083, offers excellent accessibility and visibility. The property's single-tenant configuration simplifies management and minimizes vacancy risks. This presents a compelling opportunity for businesses seeking a substantial, well-located office space or investors looking for a stable, single-tenant income stream. The building's size and layout are ideal for a variety of corporate uses, offering ample room for expansion or customization. The property is for sale and represents a significant opportunity in the thriving Troy commercial real estate market. The address is easily accessible from major roadways, ensuring convenient commutes for employees and clients. This turnkey solution eliminates the need for extensive renovations or tenant acquisition efforts, making it an attractive option for immediate occupancy or investment. The 1.35-acre lot provides ample parking and potential for future development. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 530 Stephenson Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,400 SF
    Class
    B

    Unit(s) available at that property

    Space
    Available Space
    Size
    20,400 SF

    HighLights

    • 20,400 square feet of available office space.
    • Well‑maintained Class B office building on a 1.35‑acre lot in Troy, MI.
    • Excellent location near I‑75, I‑696, and Oakland Mall, offering high visibility and accessibility.
    • Ample parking, including an enclosed garage.
    • Full building lease or owner‑occupancy options available.
    • Seller may consider partial occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Intraco Corporation Glass Industry Integrity Home Health ... Home Health Care Service EZ Connect Tire ... Car Repair And Maintenance Service Vistawall International Manufacturer AJR Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office 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
    -83.1173981
    Latitude
    42.5387606

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    FAQs

    What type of property is this?
    Office Property / Space - 20,400 SF Office, Single Tenant, 1.35 Acres
    Where is this office property / space located?
    The property is located at 530 Stephenson Hwy Troy, MI.
    What are key features of this property?
    This property features: 20,400 square feet of available office space.; Well-maintained Class B office building on a 1.35-acre lot in Troy, MI.; Excellent location near I-75, I-696, and Oakland Mall, offering high visibility and accessibility.
    Request Owner's contact information
    530 Stephenson Hwy Troy, MI 48083
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    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
    530 Stephenson Hwy Troy, MI 48083
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