312 Park St Troy, MI 48083
This single-tenant warehouse, located in Oakland County, offers 20,669 square feet of space, perfect for a variety of industrial uses. Built in 1978 and renovated in 2001, the property features a 14-23 foot clear ceiling height, enhancing operational efficiency. The building includes a 1,040 square foot office space, adding administrative convenience. Access is facilitated by multiple grade-level doors (12'x14', 10'x14', and 10'x10'), a truck well, and ample fenced parking (50+ spaces). The property boasts skylights for natural light and is equipped with 400 amps, 480 volts of power. Currently used as a sports facility, the fixtures may not be included in the lease. The property is zoned I-1 Industrial, and the lease rate is $8.25 per square foot, NNN. This well-maintained warehouse presents a significant opportunity for businesses seeking a functional and strategically located space in Oakland County. The 1.39-acre lot provides ample room for expansion or outdoor storage. The property's features and location make it an attractive option for a variety of industrial tenants.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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