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2876 Elliott Ave Troy, MI 48083

OFF-MARKET Warehouses Google Maps
15,520 SF 0.87 ac lot Built 1966
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 15,520-square-foot warehouse, situated on a 0.87-acre lot in Troy, Michigan's Integrated Industrial Business District (IB), presents a compelling investment opportunity. Built in 1966 with a significant addition in 2010, the property boasts a 14-foot clear ceiling height, two 12' x 14' overhead dock-high doors, and ample parking for 30 vehicles. The building features 13,760 square feet of industrial floor space and 1,760 square feet of office space. The property is fully air-conditioned and benefits from robust power (240-volt, 800 amps) with buss duct throughout. Its convenient location offers easy access to I-75, enhancing logistical efficiency. The asking price is $1,700,000, translating to $109.54 per square foot. Annual property taxes are $14,712.47 ($0.95 per square foot). The property's Parcel ID is 20-36-476-010. This well-maintained warehouse is ideal for a variety of industrial uses and represents a strong value in the thriving Troy market.

Property profile

Verified
Property type Warehouses
Year built 1966
Total area 15,520 SF
Lot 0.87 ac (37,897 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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