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Property profile & analytics

1950 Austin Dr Troy, MI 48083

  • Industrial properties
  • 28,955 SF
  • 1.69 lot acres
Value Estimation
Last Sale
Jan 03, 2025
Location Intelligence
Property ID
US43-0973539
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • T.M. Shea Products / Store Equipment Supplier / Display Stand Manufacturer
  • Pantry Passions Inc / Food Store
  • T M Shea Products Inc / Marketing Consultant

Property Details for 1950 Austin Dr

Year built
1986
Lot size
1.69 lot acres
Property size
28,955 SF
Zone code
M-1
Property type
Industrial properties
APN
88-20-26-451-031
APU
882026451031

Description

This exceptional 28,955 square foot mixed-use industrial building presents a remarkable investment or end-user opportunity in the thriving heart of Oakland County, Michigan. Situated on a 1.69-acre lot, this property boasts a sophisticated, professionally designed layout combining open office space with a rear warehouse and storage area. The office area features an elegant design with ornate finishes, glass curtain partitions, Euro post framing, updated bathrooms, and a dedicated executive office suite. Warehouse functionality is enhanced by two 14-foot high loading doors, providing ample space for docking, loading, and storage. The building is climate-controlled throughout, utilizing a combination of forced air, radiant heat, and central air conditioning. Modern amenities include a well-equipped employee breakroom and a comprehensive fire suppression system. Three-phase electric service is readily available. The property benefits from convenient access to major interstates, airports, and a wide range of commercial services. The adaptable floor plan allows for easy modification to suit diverse future needs or tenant requirements, presenting significant value-add potential and strong lease prospects. Priced at $2,950,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Troy
County
Oakland
State
Michigan
Longitude
-83.1142
Latitude
42.5527
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$21,391
$0.00
$0.00
$911,030
-
$0.00
$0.00
$1,822,060
More about this property
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