2400 Stephenson Hwy Troy, MI 48083-2171
- Industrial properties
- 156,346 SF
- 3.70 lot acres
Current Use by Public Records
- Classic Design / Mechanical Engineer
Property Details for 2400 Stephenson Hwy
- Year built
- 1967
- Lot size
- 3.70 lot acres
- Property size
- 156,346 SF
- Zone code
- M-1
- Property type
- Industrial properties
- APN
- 88-20-26-155-015
- APU
- 882026155015
Description
This exceptional 78,089-square-foot Class B manufacturing building in Troy, Oakland County, presents a unique investment opportunity. Built in 1967 and renovated in 2015, the single-tenant property sits on a 4.64-acre lot and boasts a highly desirable location adjacent to the I-75/Rochester Road interchange. The building features a varying ceiling height, two loading docks, two dock-high doors, and four drive-in doors, along with an elevator. The property includes multiple crane bays and bridge cranes with up to a 50-ton capacity. A large paved employee parking lot provides ample space. The building's modern office space, heavy power, and diverse loading options make it suitable for various manufacturing uses. The property is zoned IB (Industrial Business) and has APN numbers 88-20-26-155-015 and 88-20-26-154-013. Note that this building can be leased in conjunction with a neighboring property for a combined 108,000 square feet of space. The buildings are connected via an exterior concrete courtyard and matching roll-up doors. This is an excellent opportunity to secure prime industrial space in a thriving submarket.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,226,000
- AI Estimate
- $10,226,000
Market price range: $10.2M - $17.8MMarket price range: $10.2M - $17.8M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $14,075,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $14,550,000 Change: +3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1263
- Latitude
- 42.556
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA