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Property profile & analytics
OFF-MARKET
Commercial land

1460 Stephenson Hwy Troy, MI 48083-1189

2.5 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US43-2544624
Property summary
AI-generated overview

This exceptional 2.5-acre industrial property, located at 1460 Stephenson Highway in Troy, Michigan (zip code 48083), presents a unique investment opportunity. Situated in Oakland County, this site boasts approximately 290 feet of frontage along I-75, offering unparalleled visibility and accessibility. The property is zoned RC - Research Center, providing flexibility for a variety of potential uses. The asking price is $1,250,000, translating to a land value of $500,000 per acre. Given its strategic location and zoning, this parcel is ideal for businesses seeking high-profile exposure and convenient access to major transportation arteries. The property's ample size allows for substantial development potential, catering to a range of industrial and research-oriented ventures. While specific building details are not currently available, the substantial lot size and prime location make this a compelling investment prospect. The property's address is easily accessible via Stephenson Highway, south of Maple Road. Parking ratios are estimated at 11.5 spaces per 1,000 square feet, though this is based on potential development and not existing structures. This exceptional location and zoning make this a rare opportunity in the thriving Troy market. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.5 ac (108,900 SF)
Zoning code R-C
APN 88-20-35-126-025
UPID US43-2544624
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
1350 Stephenson LLC · 4 yrs held
1350 Stephenson LLC
since 2022
4 recorded transactions
2022
Price N/A
2019
Price N/A
2007
Price N/A
2000
Price N/A
Zoning & alternative use
R-C · Troy, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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