Property profile & analytics
2040 Crooks Rd Troy, MI 48084
- Industrial properties
- 38,674 SF
- 2.75 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1559198
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.
Current Use by Public Records
- Motion Picture Institute / Vocational School / Training Center
- Integrated Staffing Solutions / Employment Agency
- Warehouse Car-Truck Donation Troy Intake / Corporate Office
- Storm Lake Capital / Financial Advisor
- a group company of MITSUBISHI STEEL MFG. CO., LTD. / Corporate Office
Property Details for 2040 Crooks Rd
- Year built
- 1989
- Lot size
- 2.75 lot acres
- Property size
- 38,674 SF
- Zone code
- M-1
- Property type
- Industrial properties
- APN
- 88-20-28-302-030
- APU
- 882028302030
Description
This exceptional 39,071 square foot industrial property, built in 1989 and renovated in 2014, offers 20,069 square feet of immediately available flex space for lease in Troy, Michigan. The space boasts a flexible layout, combining 9,600 square feet of warehouse/lab space with 10,469 square feet of office space. The office area features 4,189 square feet of open workspace currently configured with 31 cubicles, four private offices, and three conference rooms. The clear-span design allows for adaptable configurations, potentially converting portions of the lab/office space into additional warehouse area as needed. The entire building is fully air-conditioned and benefits from recent upgrades including LED lighting and modern fixtures. Located in Oakland County with convenient access to I-75 and prominent signage on Crooks Road between Maple and Big Beaver, this property offers excellent corporate visibility. The building features a 22'/19' ceiling height, one dock-high door, and 131 total parking spaces. The property is zoned for light industrial use and has a quiet film school as a neighboring tenant, ensuring a peaceful work environment. The asking lease rate is $9.00 per square foot per year, NNN. Net lease rates are available upon request. The building's soundproofing contributes to a quiet and productive atmosphere. Power is supplied by a 2000 amp, 600-volt, 3-phase system.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,107,000
- AI Estimate
- $4,107,000
Market price range: $2.55M - $4.13MMarket price range: $2.55M - $4.13M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,420,000 Current use
- RESTAURANT
- $6,695,000 Change: +96% Conversion: Difficult
- RETAIL STORES
- $6,530,000 Change: +91% Conversion: Moderate
- MEDICAL BUILDING
- $6,105,000 Change: +79% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,740,000 Change: +39% Conversion: Easy
- OFFICE BUILDING
- $4,535,000 Change: +33% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,600,000 Change: +5% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.166
- Latitude
- 42.5525
- 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
$47,323
$0.00
$0.00
$1,493,950
-
$0.00
$0.00
$2,987,900
