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    530 Stephenson Hwy Troy, MI 48083

    For Sale
    $2,500,000

    Prime Troy location, 20,400 SF office.

    Property size:
    20,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 20,400 square foot executive office building is situated on a 1.35-acre lot at 530 Stephenson Highway in Troy, Michigan, zip code 48083. Offered at $2,500,000 ($122.55 per square foot), this well-maintained property presents a compelling investment opportunity. Its convenient location provides easy access to major thoroughfares, including I-75 and I-696, and is in close proximity to the Oakland Mall. The building boasts a generous parking ratio, enhanced by an enclosed garage, ensuring ample parking for employees and visitors. The property is currently configured as an executive office space, but the seller is open to considering a lease for a full building user. Furthermore, the seller is willing to remain in a portion of the building if desired by the buyer, offering flexibility for various acquisition strategies. This presents a rare opportunity to acquire a high-quality office building in a desirable Troy location. Serious inquiries are encouraged.

    Property Features for 530 Stephenson Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    20,400 SF
    Lot Size
    58,806 SF

    HighLights

    • 20,400 square feet of office space available.
    • Immaculately maintained office building.
    • Convenient location near I‑75, I‑696, and Oakland Mall.
    • Excellent parking, including enclosed garage spaces.
    • Full‑building lease considered.
    • Partial occupancy by seller possible.
    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 - Prime Troy location, 20,400 SF office.
    Where is this office property / space located?
    The property is located at 530 Stephenson Hwy Troy, MI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 20,400 square feet of office space available.; Immaculately maintained office building.; Convenient location near I-75, I-696, and Oakland Mall.
    (248) 948-0103
    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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