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    Big Beaver Rd Troy, MI 48083

    Sponsored
    For Sale
    $1,700,000

    3.4 Acres, Troy, MI - Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.4-acre commercial land parcel presents a rare development opportunity in Troy, Michigan. Located on Big Beaver Road, this property boasts a highly desirable location with exceptional visibility and accessibility. The site is zoned O/T, offering flexibility for a variety of uses, including office, retail, multi-family residential, or a high-end restaurant. Its strategic position provides easy access to I-75, ensuring high traffic counts and excellent exposure for any development. The property's size and zoning make it ideal for a build-to-suit project, catering to specific needs for sale or lease. The asking price is $1,700,000. This prime location at the major crossroads of Big Beaver and Rochester Roads in Oakland County, with APN 20-23-401-036, represents a significant investment opportunity in a thriving Michigan market. Don't miss this chance to acquire one of the last sizable development sites available on Big Beaver Road in Troy. The property's potential is immense, offering a unique chance to create a landmark development in a highly sought-after area. This vacant land presents a blank canvas for a visionary project, capitalizing on the high traffic volume and convenient access to major roadways.

    Property Features for 0 Big Beaver Rd

    General Information

    Property type
    Land
    Lot Size
    148,104 SF

    HighLights

    • 3.4‑acre commercial land parcel in Troy, MI, on Big Beaver Road.
    • Highly visible and accessible location with excellent I‑75 access.
    • O/T zoning allows for office, retail, multi‑family, or restaurant development.
    • $1,700,000 asking price.
    • APN 20‑23‑401‑036.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.117613531198
    Latitude
    42.563405157931

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    FAQs

    What type of property is this?
    Land - 3.4 Acres, Troy, MI - Development Ready
    Where is this land located?
    The property is located at Big Beaver Rd Troy, MI.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 3.4-acre commercial land parcel in Troy, MI, on Big Beaver Road.; Highly visible and accessible location with excellent I-75 access.; O/T zoning allows for office, retail, multi-family, or restaurant development.
    Request Owner's contact information
    Big Beaver Rd 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
    Big Beaver Rd Troy, MI 48083
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