Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The RC, Research Center District is intended to provide areas for industrial research and office uses in planned developments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-C · Troy, MIThe RC, Research Center District is intended to provide areas for industrial research and office uses in planned developments
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The RC, Research Center District is intended to provide areas for industrial research and office uses in planned developments
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-C in Troy, MI.
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