Temperature-Controlled Industrial
900 Rochester Rd Troy, MI 48083
900 Rochester Rd, Troy, MI, 48083
Contact for pricing
For Sale
Contact for pricing
Excellent-condition warehouse with bus duct throughout and 100% temperature control, plus an additional contiguous lot.
Property Size28,290 SF
Price / SF$106.04
Days on Market154
Property Features for 900 Rochester Rd
General Information
- Standard status
- Active
- Size
- 28,290 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1946
Listing agency
Signature Associates
(248) 359-3801
Listed by
Kris Pawlowski · License #MI 6501292698
Source
Crexi
Added: Feb 17 Updated: Jul 20 at 5:02PM Checked: Jul 20 at 5:02PM
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 Signature Associates
Investment Insights
Based on property information with market context.
This industrial warehouse is offered in excellent condition and includes bus duct throughout with 100% temperature-controlled space. The building is also described as supporting lab use. An existing third-party lease is in place through 12/31/27.
The property fronts on Rochester Road near Maple and I-75. In addition to the main site, it includes a contiguous additional lot measuring 0.37 acres on Badder Street.
Overall, the offering combines a temperature-controlled industrial building with a supplementary adjacent parcel, currently under lease until year-end 2027.
The property fronts on Rochester Road near Maple and I-75. In addition to the main site, it includes a contiguous additional lot measuring 0.37 acres on Badder Street.
Overall, the offering combines a temperature-controlled industrial building with a supplementary adjacent parcel, currently under lease until year-end 2027.
Key Highlights
- Frontage on Rochester Road near Maple/I‑75
- Warehouse built in 1946, in excellent condition
- Bus duct throughout and 100% temperature‑controlled space
Local Financial Insights For Warehouse
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 | $207.9k | $7.35 |
| − Vacancy | −$7.7k | −$0.27 |
| EGI | $200.2k | $7.08 |
| − OpEx | −$30.0k | −$1.06 |
| NOI | $170.2k | $6.02 |
28,290 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.43M
$2.13M – $2.84M
NOI $170,202 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.10M
$5.34M – $7.12M
NOI $427,134 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
TapeMaster Tool Company
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Elmwood Garage Classic Car Storage — 671 E Elmwood Ave, Troy, MI 48083
- SmartStop Self Storage — 262 E Maple Rd, Troy, MI 48083
- Snell Self Storage — 1227 Rochester Rd, Troy, MI 48083
- Public Storage — 322 E Maple Rd, Troy, MI 48083
FAQs
What type of property is this?
Warehouse - Excellent-condition warehouse with bus duct throughout and 100% temperature control, plus an additional contiguous lot.
Where is this warehouse located?
The property is located at 900 Rochester Rd Troy, MI.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Frontage on Rochester Road near Maple/I‑75; Warehouse built in 1946, in excellent condition; Bus duct throughout and 100% temperature‑controlled space
