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Property profile & analytics
OFF-MARKET
Warehouses

1850 Ring Dr Troy, MI 48083

112,283 SF 9.7 ac lot Built 1987
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1987
Total area 112,283 SF
Lot 9.7 ac (422,532 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Global Logistics & Distribution Logistics Company Freight Service
  • Glad logistics Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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