2500 Rochester Ct Troy, MI 48083-1873
Property summary
This exceptional two-story, 5,816 square foot flex building, situated on a 0.3-acre lot in Troy, Michigan, presents a unique investment opportunity. Built in 1968 and extensively renovated in 2016, the property boasts a versatile layout ideal for a variety of businesses. The first floor offers 2,908 square feet of flexible shop space, complete with a 10-foot overhead door, providing convenient access for loading and unloading. Upstairs, another 2,908 square feet of office space provides ample room for administrative functions. Recent improvements include a new roof (2016), an updated kitchenette, and the replacement of three out of five rooftop HVAC units within the last two years. The property benefits from substantial power, featuring a 230/3-phase, 1,000-amp service. Located at the end of a cul-de-sac at 2500 Rochester Ct, Troy, MI 48083, this property is zoned O-1 (Office Building District) in Oakland County, offering stability and potential for future growth. The asking price is $975,000, translating to $167.64 per square foot. This represents a compelling opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The property's features, including its ample space, convenient location, and recent upgrades, make it an attractive option for businesses seeking a functional and efficient workspace.
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store
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Corporate Office
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General Contractor
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(Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Troy market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
O-1 · Troy, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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