Big Beaver Rd Troy, MI 48084
- Retail properties
- 3.59 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Big Beaver Rd
- Lot size
- 3.59 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 3.59-acre parcel of commercially zoned land presents a rare opportunity for development in Troy, Michigan. Located on Big Beaver Road, this property boasts unparalleled visibility and accessibility, with daily traffic counts exceeding 64,000 vehicles. The site is conveniently situated near major expressways, including M-59 and I-75, ensuring seamless connectivity for businesses and residents. Utilities are readily available at the street, simplifying the development process. The property's zoning permits a variety of commercial uses, including office, retail, and multi-family developments, offering flexibility for diverse projects. Its strategic location is further enhanced by the proximity to established restaurants, retail centers, and residential areas, creating a vibrant and thriving environment. The asking price is $1,850,000, translating to approximately $515,320 per acre. This represents a significant investment opportunity, particularly given its status as one of the last large commercially zoned parcels available on Big Beaver Road in Troy. The property's APN is 20-23-401-048. Note that an additional property located on the northwest corner may also be available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1784
- Latitude
- 42.5613
