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1301-1307 Rankin St Troy, MI 48083

OFF-MARKET Warehouses Google Maps
28,000 SF 2.43 ac lot Built 1978
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional single-tenant industrial warehouse, located at 1301-1307 Rankin Drive in Troy, Michigan, offers 28,000 square feet of versatile space, currently vacant and ready for immediate occupancy. Built in 1978, the property sits on a substantial 2.43 acres of land and features one single-story building with one loading dock. Ample parking is available with 39 spaces. The warehouse boasts robust power capabilities, including 480v, 1200 amp, 3-phase electrical service. The property is zoned for industrial use and conveniently located near Stephenson Highway, offering easy access to major transportation routes. The property's address is 1301-1307 Rankin Drive, Troy, MI 48083, with the Oakland County Assessor's Parcel Number (APN) being 20-35-101-030. This is a fantastic opportunity for businesses seeking a well-maintained, spacious warehouse in a prime Troy location. The entire building is available for lease. The property's single-story design and ample parking provide efficient operations and convenient employee access. This warehouse is ideal for a variety of industrial uses, offering a significant footprint and strong power infrastructure. Don't miss this chance to secure this exceptional industrial property.

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 28,000 SF
Lot 2.43 ac (105,851 SF)

Cap rate & NOI

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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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