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    2500 Rochester Ct Troy, MI 48083

    For Sale
    $975,000

    5,816 SF Flex Building, $975K

    Property size:
    5,816 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional two-story, 5,816 square foot flex building, situated on a 0.3-acre lot in Troy, Michigan, presents a unique investment opportunity. Built in 1968 and extensively renovated in 2016, the property boasts a versatile layout ideal for a variety of businesses. The first floor offers 2,908 square feet of flexible shop space, complete with a 10-foot overhead door, providing convenient access for loading and unloading. Upstairs, another 2,908 square feet of office space provides ample room for administrative functions. Recent improvements include a new roof (2016), an updated kitchenette, and the replacement of three out of five rooftop HVAC units within the last two years. The property benefits from substantial power, featuring a 230/3-phase, 1,000-amp service. Located at the end of a cul-de-sac at 2500 Rochester Ct, Troy, MI 48083, this property is zoned O-1 (Office Building District) in Oakland County, offering stability and potential for future growth. The asking price is $975,000, translating to $167.64 per square foot. This represents a compelling opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The property's features, including its ample space, convenient location, and recent upgrades, make it an attractive option for businesses seeking a functional and efficient workspace.

    Property Features for 2500 Rochester Ct

    General Information

    Property type
    Flex space
    Square Feet
    5,816 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built/Renovated
    1968/2016
    Stories
    2

    HighLights

    • 5,816 SF two‑story flex building on a 0.3‑acre lot.
    • First floor features 2,908 SF of flex/shop space with a 10' overhead door.
    • Second floor offers 2,908 SF of office space.
    • New roof installed in 2016.
    • High‑power service: 230/3‑phase, 1,000‑amp.
    • O‑1 (Office Building District) zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Compunetics Inc Electronic Parts Supplier PassionFire International Corporate Office Compunetics Contractor AcraLite by Compunetics, ... Lighting Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -83.1298298
    Latitude
    42.5569594

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    FAQs

    What type of property is this?
    Flex space - 5,816 SF Flex Building, $975K
    Where is this flex space located?
    The property is located at 2500 Rochester Ct Troy, MI.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 5,816 SF two-story flex building on a 0.3-acre lot.; First floor features 2,908 SF of flex/shop space with a 10' overhead door.; Second floor offers 2,908 SF of office space.
    Request Owner's contact information
    2500 Rochester Ct 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
    2500 Rochester Ct Troy, MI 48083
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