1850 Ring Dr Troy, MI 48083
- Warehouses
- 112,283 SF
- 9.70 lot acres
Current Use by Public Records
- Global Logistics & Distribution / Logistics Service / Engineering Consultant
- Glad logistics / Warehouse
Property Details for 1850 Ring Dr
- Year built
- 1987
- Lot size
- 9.70 lot acres
- Property size
- 112,283 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
This exceptional 112,283-square-foot industrial/office property in Troy, Michigan, presents a compelling investment opportunity. Located on a 9.7-acre lot at 1850 Ring Drive, this single-story, 1987-built facility boasts a versatile design ideal for a variety of uses. The building features approximately 5,000+ square feet of office space spread across the first and second floors, complemented by a substantial warehouse area. High ceilings range from 18 to 39 feet, enhancing operational efficiency. Logistics are streamlined with four grade-level loading docks and ten truck wells. The property includes 78 parking spaces and is zoned for light industrial use. The building is well-maintained, equipped with features such as buss duct, floor drains, security systems, and fire suppression. Its prime location, just west of John R, between Rochester Road and the 14 Mile Road exits off I-75, provides exceptional access and visibility. The asking price is $10,700,000 ($95.29/sq ft), offering a strong return on investment. This property is offered as a NNN lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.11
- Latitude
- 42.5463
