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    1151 Allen Dr Troy, MI 48083

    Sponsored
    For Lease
    $7 SF/Yr

    Modern manufacturing/warehouse space available.

    Lot size:
    41,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 41,200-square-foot Class A industrial property, located at 1151 Allen Drive in Troy, Michigan, presents a significant opportunity for businesses seeking a single-tenant facility. Built in 1974 and situated on a 1.3-acre lot, this building offers ample space for manufacturing, warehousing, or research and development activities. The property features a single-story structure with an impressive 18-foot ceiling height, providing significant vertical clearance for storage or equipment. Access is convenient with one drive-in door and 75 total parking spaces available. The property is zoned M-1, ensuring flexibility for various industrial uses. The entire 41,200 square feet is currently vacant, offering immediate occupancy. The property's address is 1151 Allen Drive, Troy, MI 48083, with a cross street of Rankin. The Oakland County location provides easy access to major transportation routes. The APN is 20-35-101-029. This is a rare opportunity to lease a well-maintained, spacious industrial facility in a prime location. The building's size and features make it ideal for a variety of industrial operations. Contact us today to schedule a viewing.

    Property Features for 1151 Allen Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,200 SF
    Class
    A
    Total Rate
    24891.67

    Building Details

    Year Built
    1974
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    41,200 SF
    Rate per SF
    $7

    HighLights

    • 41,200 SF Class A industrial space available for lease in Troy, MI.
    • Immediate occupancy available in a single‑tenant, 41,200 SF building.
    • 1.3‑acre paved lot.
    • Suitable for warehouse, manufacturing, or Class A R&D.
    • 18' clear height and one drive‑in door.
    • Epoxy floors, fully air‑conditioned and sprinklered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Production Spring LLC Manufacturer

    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
    -83.1261064
    Latitude
    42.5443262

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    FAQs

    What type of property is this?
    Life science property - Modern manufacturing/warehouse space available.
    Where is this life science property located?
    The property is located at 1151 Allen Dr Troy, MI.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 41,200 SF Class A industrial space available for lease in Troy, MI.; Immediate occupancy available in a single-tenant, 41,200 SF building.; 1.3-acre paved lot.
    Request Owner's contact information
    1151 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
    1151 Allen Dr Troy, MI 48083
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