14 Mile Rd Troy, MI 48083
This exceptional 4-acre retail outlot presents a unique investment opportunity within the thriving Oakland Mall in Troy, Michigan. Strategically located at the intersection of I-75 and John R Road, this single-tenant property benefits from unparalleled visibility and accessibility. The site is part of a larger retail complex boasting over 100 stores, including major anchors such as Macy's, JCPenney, Dick's Sporting Goods, Hobby Lobby, and At Home. This ensures a high volume of foot traffic and significant brand exposure for any business occupying the space. The property's proximity to The Oakland Plaza, another successful retail center featuring Home Goods, Five Below, Kohl's, Barnes & Noble, T.J. Maxx, and Planet Fitness, further enhances its desirability and potential for success. This location offers a strong demographic profile and a robust consumer base, making it an ideal location for a variety of retail concepts, restaurants, or bars. The property's size and location provide ample opportunity for development and customization to suit specific business needs. This is a rare chance to secure a prime retail space in a highly sought-after area with exceptional visibility and access to a large and diverse customer base. The property's location within a well-established and successful retail environment guarantees a strong foundation for any new business venture.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.