Property profile

1757 Northfield Dr Rochester Hills, MI 48309

OFF-MARKET
Industrial properties
Property ID
US43-0431035
16,054 SF 2.02 ac lot Built 1986
Entity Owned ~ Est. High Equity
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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

Location

1757 Northfield Dr Rochester Hills, MI 48309-3819
Rochester Hills metro Census 194600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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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

since 2025
7 recorded transactions
2025
Price N/A
2017
Price N/A
2007
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

II · Rochester Hills, MI
Top alternative use upside
Auto repair, garage $2.0M +51.4%
Office building $1.9M +44.9%
Neighborhood: shopping center $1.5M +14.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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