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    Property profile & analytics
    OFF-MARKET Estimated value $1,510,000
    Industrial properties

    1757 Northfield Dr, Rochester Hills, MI 48309-3819

    16,054 SF 2.02 ac lot Built 1986
    Entity Owned ~ Est. High Equity
    Property ID
    US43-0431035
    Property summary
    AI-generated overview

    This exceptional 42,000-square-foot industrial flex space in Rochester Hills, Michigan, presents a unique opportunity. Situated on a 2.02-acre lot at 1757 Northfield Drive (cross streets: M-59/Crooks Road), this single-tenant building boasts a desirable blend of warehouse, R&D, and flex space functionality. Built in 1987, the two-story structure features a striking black glass facade, a 20-foot ceiling height in the high-bay shop area, and ample parking (110 spaces). The property includes a convenient overhead drive-in door, 1000 amps of 240-volt power, and recently updated interiors. The building's impressive amenities include a two-story lobby with marble floors and a central skylight, an elevator, a well-lit clear-span engineering area with windows at either end, a conference room with a full kitchen (16' x 40'), an executive office with a fireplace and private bath, and a workout gym complete with restrooms and showers. Zoned REC-W, this property is ideally suited for research and development, engineering, technical training, medical offices, or medical clinics. The property is currently vacant and offers a compelling incentive: one month of free rent for every two years of a new lease. The APN is 1528377021.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1986
    Total area 16,054 SF
    Lot 2.02 ac (87,991 SF)
    Zoning code II
    APN 70-15-28-377-021
    UPID US43-0431035
    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
    $1.72M
    Blend (final) Blend
    $1.51M
    Owner & transaction history
    Lico Real Estate Of Michigan LLC
    Lico Real Estate Of Michigan LLC
    since 2025
    7 recorded transactions
    2025
    2017
    2007
    2001
    1969
    1969
    1969
    Zoning & alternative use
    II · Rochester Hills, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $2.0M +51.4%
    Office building $1.9M +44.9%
    Neighborhood: shopping center $1.5M +14.9%
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