Property profile

1788 Northwood Dr Troy, MI 48084

FOR LEASE
Industrial properties
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Property ID
US43-1145918
12,480 SF 0.92 ac Built 1977
Last sale Aug 2021·$1,060,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$22k
Tax billed · 2022
Assessed value$447k
Effective rate4.98%

Value estimate

· Nov 2026
$1.12M
$1.00M – $1.23M
CAP approach$950k
Submarket $/SF estimate$1.23M
NOI build-up
Gross scheduled income$92k
Vacancy & credit loss−$3k
Operating expenses−$27k
NOI$62k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$88/SF
Submarket average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$66 – $107
Qualifying comparables16

Cap rate analysis

How does the asset earn?
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-1
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon19.6
Hair Salon16.6
Storage Facility14.2

Location

1788 Northwood Dr Troy, MI 48084
County assessor Recorded deeds · 4 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2545 Industrial Row, Troy, MI 48084-7037 $598,000 Jan 2024 11,728 SF
1515 Axtell, Troy, MI 48084-7034 $1,000,000 Jan 2023 12,000 SF
1750 Maplelawn, Troy, MI 48084-4604 $925,000 Jan 2022 11,056 SF
2520 Industrial Row, Troy, MI 48084-7035 $1,090,000 Jun 2021 14,400 SF
333 Oliver, Troy, MI 48084-5433 $600,000 Jan 2021 12,000 SF
1697 Stutz, Troy, MI 48084-4501 $730,000 Jan 2020 12,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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