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    Property profile & analytics

    5296 Crooks Rd Troy, MI 48098

    • Commercial real estate
    • 2.72 lot acres
    For Lease
    View listing
    $38 SF/Yr
    Value Estimation
    Last Sale
    Aug 10, 2022
    Location Intelligence
    Property ID
    US43-0962694
    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

    • PT Solutions of North Troy / Physical Therapist / Physical Therapy Clinic
    • Orthopedics On Demand / Sports Medicine Clinic / Sports Medicine Physician

    Property Details for 5296 Crooks Rd

    Lot size
    2.72 lot acres
    Property type
    Commercial real estate
    APN
    88-20-09-302-006
    APU
    882009302006

    Description

    This exceptional retail opportunity is located at 5296-5322 Crooks Road, Troy, MI 48098, within the Shoppes of Troy. The space, totaling 1,539 square feet, is part of a larger 10,000 square foot multi-tenant building. Previously a fully built-out medical spa, this space offers modern amenities and a contemporary design, ready for immediate occupancy. Its high visibility from Crooks Road and convenient access to major thoroughfares ensure excellent exposure and accessibility for your business. The property boasts ample parking and meticulously maintained grounds, creating a professional and welcoming environment for clients and employees. This prime location in Troy, Michigan offers a unique blend of style and functionality, making it an ideal choice for businesses seeking a high-impact presence in a thriving community. The space is currently vacant and available for lease. The building features multiple tenants.

    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
    -83.1679
    Latitude
    42.5955
    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
    $47,293
    $0.00
    $0.00
    $950,240
    -
    $0.00
    $0.00
    $1,900,480

    Comparable in this City

    • Value Estimation by Request
      1.01 Acres

      5569 Crooks Rd

      COMMERCIAL (GENERAL) • 1.01 Acres
      5569 Crooks Rd, Troy, MI 48098-2857
      View Details
    • Value Estimation by Request
      218,155 SF

      800 Tower Dr

      COMMERCIAL (GENERAL) • 218,155 SF
      800 Tower Dr, Troy, MI 48098-2843
      View Details
    • Value Estimation by Request
      31,200 SF

      5800 Crooks Rd

      COMMERCIAL (GENERAL) • 31,200 SF
      5800 Crooks Rd, Troy, MI 48098-2830
      View Details
    • Value Estimation by Request
      93,300 SF

      5607 New King Dr

      COMMERCIAL (GENERAL) • 93,300 SF
      5607 New King Dr, Troy, MI 48098-2661
      View Details
    • Value Estimation by Request
      92,208 SF

      5750 New King Dr

      COMMERCIAL (GENERAL) • 92,208 SF
      5750 New King Dr, Troy, MI 48098-2605
      View Details
    • Value Estimation by Request
      51,582 SF

      4555 Investment Dr

      COMMERCIAL (GENERAL) • 51,582 SF
      4555 Investment Dr, Troy, MI 48098-6338
      View Details

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    5296 Crooks Rd
    Troy, MI 48098
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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