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    Cor Of Crooks Rd & Wattles Rd Troy, MI 48098

    • Mixed-use properties
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 0 Cor Of Crooks Rd & Wattles Rd

    Lot size
    1.20 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional 1.2-acre mixed-use commercial property is ideally situated on the highly visible northwest corner of Crooks Road and Wattles Road in Troy, Michigan. Boasting a Neighborhood Node (NN) zoning designation, this land offers a multitude of development possibilities, including restaurants, retail stores, offices, and mid-density residential. The property benefits from its location in a densely populated area with high traffic counts, ensuring excellent visibility and accessibility. Its proximity to the Somerset Collection Mall, further enhances its desirability, placing it within a thriving retail corridor. Nearby established businesses include Petsmart, La Fitness, and Nordstrom Rack, creating a strong commercial ecosystem. The asking price for this prime development opportunity is $895,000. This hard corner lot presents a unique chance to capitalize on a strategic location within a successful and established commercial area. Don't miss this chance to invest in a high-potential property in a prime Troy location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.168
    Latitude
    42.5768

    Comparable in this City

    • Value Estimation by Request

      Troy, MI 48098

      VACANT COMMERCIAL LAND
      Troy, MI 48098
      View Details
    • Value Estimation by Request
      1.18 Acres

      1539 Long Lk Rd

      INDUSTRIAL - VACANT LAND • 1.18 Acres
      1539 Long Lk Rd, Troy, MI 48098
      View Details
    • Value Estimation by Request
      1.01 Acres

      5569 Crooks Rd

      COMMERCIAL (GENERAL) • 1.01 Acres
      5569 Crooks Rd, Troy, MI 48098-2857
      View Details
    • Value Estimation by Request
      218,155 SF

      800 Tower Dr

      COMMERCIAL (GENERAL) • 218,155 SF
      800 Tower Dr, Troy, MI 48098-2843
      View Details
    • Value Estimation by Request
      31,200 SF

      5800 Crooks Rd

      COMMERCIAL (GENERAL) • 31,200 SF
      5800 Crooks Rd, Troy, MI 48098-2830
      View Details
    • Value Estimation by Request
      93,300 SF

      5607 New King Dr

      COMMERCIAL (GENERAL) • 93,300 SF
      5607 New King Dr, Troy, MI 48098-2661
      View Details

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    Troy, MI 48098
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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
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