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Property profile & analytics
OFF-MARKET
Mixed-use properties

0 Cor Of Crooks Rd & Wattles Rd Troy, MI 48098

1.2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Lot 1.2 ac (52,272 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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