Property profile

0 Stephenson Hwy Troy, MI 48083

OFF-MARKET
Land
4.59 ac lot
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Property summary

AI-generated overview

This exceptional 4.586-acre commercial land parcel presents a rare investment opportunity in Troy, Michigan. Located on Stephenson Highway, this property boasts a highly desirable Regional Center zoning designation, opening doors to a wide range of development possibilities. Priced at $1,900,000 ($414,847.16 per acre), this represents one of the last remaining sizable parcels available in this prime Troy location. The property's strategic position offers excellent visibility and accessibility. While the south end of the parcel is encumbered by an Oakland County drain, the majority of the land remains readily developable. Detailed surveys and engineering reports are available upon request to facilitate a thorough due diligence process. This is an unparalleled chance to acquire a significant land holding in a thriving Michigan market, ideal for investors seeking high-growth potential and long-term value. The property's address is Stephenson Hwy, Troy, MI 48083, situated in Oakland County. The latitude and longitude coordinates are 42.5446068, -83.1206157 respectively. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 4.59 ac (199,766 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Stephenson Hwy Troy, MI 48083
Troy metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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