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    1195 Equity Dr Troy, MI 48084-7108
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    Property profile & analytics

    1195 Equity Dr Troy, MI 48084-7108


    • Industrial properties
    • 41,142 SF
    • 3.51 lot acres
    Off-Market
    Last Sale Sep 30, 2024
    Property ID
    US43-0071037
    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.

    Value Estimations
    $4,285,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • RCC Web Media Agency / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Cadillac Presentation Solutions, Inc. / Corporate Office
    • LD3 Communications Group / Consultant
    • RCC Business IT / Tech Support Center / (Bike/Boat/Book/etc) Store

    Property Details for 1195 Equity Dr

    Year built
    1992
    Lot size
    3.51 lot acres
    Property size
    41,142 SF
    Zone code
    M-1
    Property type
    Industrial properties
    APN
    88-20-32-226-034
    APU
    882032226034

    Description

    This exceptional 41,142-square-foot warehouse, located at 1195 Equity Drive in Troy, Michigan, presents a significant opportunity for businesses seeking a single-tenant industrial space. Built in 1992, the property sits on a generous 3.52-acre lot and boasts a functional layout ideal for various industrial operations. The warehouse features a ceiling height ranging from 18 to 20 feet, providing ample vertical space for storage and operations. Two dock-high doors ensure efficient loading and unloading of goods. Ample parking is available with 65 total spaces. The property is zoned IB, making it suitable for a range of industrial uses. The entire 41,142 square feet is currently vacant, offering immediate occupancy for a new tenant. This prime location in Troy, Michigan, zip code 48084, provides easy access to major transportation routes, enhancing logistical efficiency. The property's size, features, and location combine to create a compelling opportunity for businesses seeking a substantial and well-equipped industrial space. Contact us today to schedule a viewing.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,282,000
      Market price range: $2.71M - $4.40M
      AI Estimate
      $4,282,000
      Market price range: $2.71M - $4.40M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,635,000
      Current use
      RESTAURANT
      $7,120,000
      Change: +96% Conversion: Difficult
      RETAIL STORES
      $6,945,000
      Change: +91% Conversion: Moderate
      MEDICAL BUILDING
      $6,495,000
      Change: +79% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $5,045,000
      Change: +39% Conversion: Easy
      OFFICE BUILDING
      $4,825,000
      Change: +33% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,830,000
      Change: +5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.169
    Latitude
    42.5432
    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
    $58,569
    $0.00
    $0.00
    $1,557,610
    -
    $0.00
    $0.00
    $3,115,220
    More about this property
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