Property profile

1835-1975 Ring Dr Troy, MI 48083

OFF-MARKET
Life science properties
342,000 SF Built 1985
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Property summary

AI-generated overview

This exceptional opportunity presents 3 available spaces within the prestigious Troy Technology Park, ranging from 5,291 to 40,288 square feet. The property comprises two three-story buildings totaling 342,000 square feet, with 67,918 square feet currently vacant. Built in 1985 and renovated in 2005, the buildings boast a 14-foot ceiling height and are zoned OM and IB in Oakland County. Ideal for R&D, light manufacturing, office, or medical uses, these spaces offer flexible floor plans adaptable to specific tenant needs, including the potential for customized build-outs and the addition of overhead doors. State-of-the-art infrastructure includes fiber-optic internet connectivity. The property features a prominent façade with monument signage along John R or Industrial Drive and ample parking. Competitive lease terms and incentives are available for qualified tenants. The park enjoys a prime location near the Oakland Mall and various restaurants and entertainment venues, and is home to major automotive and technology companies, including Magna Powertrain, LG Energy, LG Electronics, Labcorp Group, and Rousch Industries. This is a high-demand location with excellent access and visibility.

Property profile

Verified
Property type Life science properties
Year built 1985
Total area 342,000 SF

Cap rate & NOI

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

Location

1835-1975 Ring Dr Troy, MI 48083
Troy metro
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Value estimations

Realmo proprietary · 4 methods
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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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