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    OFF-MARKET
    Retail properties & Spaces

    0 Big Beaver Rd, Troy, MI 48084

    3.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 3.59 ac (156,380 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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