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    395-447 Elmwood Dr Troy, MI 48083

    Sponsored
    For Lease
    $10 SF/Yr ($16,087 /Mo)

    Modern Flex/Warehouse Space in Troy, MI

    Lot size:
    19,305 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 395-447 Elmwood Drive in Troy, Michigan, offers a prime opportunity for businesses seeking flexible and versatile space. The Marque - Troy Corporate Center is a multi-tenant building totaling 19,305 square feet, with a currently available space of 2,320 square feet. The building is classified as both flex and warehouse space, making it ideal for a variety of uses. The property boasts one drive-in door, providing convenient access for loading and unloading. Situated in the desirable Royal Oak Vicinity submarket of Oakland County, this location offers excellent accessibility and visibility. The available space is 2,320 square feet, although a total of 4,000 square feet is available within the building. The property's industrial-business park setting provides a professional and efficient environment. This is a rare opportunity to secure high-quality industrial space in a thriving Michigan market. The property's address is 395-447 Elmwood Drive, Troy, MI 48083. The building's location offers easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. This space is perfect for companies seeking a blend of office and warehouse functionality. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 395-447 Elmwood Dr

    General Information

    Property type
    Business parks
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,305 SF
    Total Rate
    16087.5

    Unit(s) available at that property

    Space
    Unit 409
    Size
    2,320 SF
    Rate per SF
    $10

    HighLights

    • 2,320 square feet of flex/warehouse space available in Troy, MI.
    • 320 square feet of office space included.
    • One 12' x 14' grade‑level drive‑in door.
    • Recently renovated unit.
    • Excellent location near I‑75, between 14 Mile and Rochester Roads.
    • Suitable for various uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Business parks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1415728
    Latitude
    42.5414775

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    FAQs

    What type of property is this?
    Business park - Modern Flex/Warehouse Space in Troy, MI
    Where is this business park located?
    The property is located at 395-447 Elmwood Dr Troy, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 2,320 square feet of flex/warehouse space available in Troy, MI.; 320 square feet of office space included.; One 12' x 14' grade-level drive-in door.
    Request Owner's contact information
    395-447 Elmwood Dr 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
    395-447 Elmwood Dr Troy, MI 48083
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