0 Cor Of Crooks Rd & Wattles Rd Troy, MI 48098
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.