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    3153 Rochester Rd Troy, MI 48083

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Troy retail space available. Multiple units.

    Lot size:
    10,825 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, located at 3153 Rochester Road in Troy, Michigan, offers 10,825 square feet of vacant space, ideal for multiple tenants. The property is situated in Oakland County, with convenient access to major thoroughfares and high visibility. The building is currently entirely vacant, presenting a unique opportunity for businesses seeking immediate occupancy. Flexible space options are available, with a minimum divisible unit size of 2,499 square feet and a maximum contiguous space of 4,163 square feet. This allows for adaptability to various business needs and expansion plans. The property's prime location in Troy, Michigan, ensures high foot traffic and excellent exposure to potential customers. The address is 3153 Rochester Road, Troy, MI 48083. This is a fantastic opportunity to establish a presence in a thriving retail market. The property is classified as Commercial Retail with multiple tenancy. Serious inquiries are encouraged to explore the possibilities of this versatile and well-located retail space. The total building square footage is 10,825 square feet.

    Property Features for 3153 Rochester Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,825 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,499 SF
    Space
    Available Space
    Size
    4,163 SF
    Space
    Available Space
    Size
    4,163 SF

    HighLights

    • New retail development planned at Rochester Rd & Hartland Ave intersection, Troy, MI.
    • Retail and restaurant spaces with patio options available for lease.
    • Excellent location near Somerset Mall, major retailers, hotels, restaurants, and office buildings in Troy's affluent Big Beaver Rd corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ascend Church Church

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1288981
    Latitude
    42.5652733

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    FAQs

    What type of property is this?
    Retail property - High-traffic Troy retail space available. Multiple units.
    Where is this retail property located?
    The property is located at 3153 Rochester Rd Troy, MI.
    What are key features of this property?
    This property features: New retail development planned at Rochester Rd & Hartland Ave intersection, Troy, MI.; Retail and restaurant spaces with patio options available for lease.; Excellent location near Somerset Mall, major retailers, hotels, restaurants, and office buildings in Troy's affluent Big Beaver Rd corridor.
    Request Owner's contact information
    3153 Rochester 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
    3153 Rochester Rd Troy, MI 48083
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