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1220-1270 Rankin St Troy, MI 48083

OFF-MARKET Warehouses Google Maps
58,072 SF Built 1978
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional warehouse space, part of the Rankin Business Park, offers 4,867 square feet of immediately available space within a larger multi-tenant industrial building. Located in the Royal Oak vicinity of Oakland County, this property boasts a prime location with convenient access to I-75, ensuring efficient transportation and logistics. The building itself was constructed in 1978 and features a desirable 16-18 foot ceiling height, ideal for various industrial uses. The unit includes one loading dock for ease of loading and unloading, complemented by ample parking for both cars and larger vehicles such as trucks and trailers. The property sits on a 3.67-acre lot and is zoned for light industrial use. Power is provided by a 240-volt, 600/200 amp, 3-phase system. The total building size is 58,072 square feet. This space presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located warehouse in a thriving industrial area. The lease rate is $10.00 per square foot, gross. Don't miss this chance to secure your ideal warehouse space.

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 58,072 SF

Cap rate & NOI

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

Value estimations

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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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