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Property profile & analytics

2500 Rochester Ct Troy, MI 48083

  • Commercial real estate
  • 5,816 SF
  • 0.29 lot acres
For Sale
Last Sale
May 24, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1187211
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

  • Compunetics Inc / Electronics & Wireless Store
  • PassionFire International / Corporate Office
  • Compunetics / General Contractor
  • AcraLite by Compunetics, Inc. / (Bike/Boat/Book/etc) Store / Hardware & Home Improvement

Property Details for 2500 Rochester Ct

Year built
1968
Lot size
0.29 lot acres
Property size
5,816 SF
Zone code
O-1
Property type
Commercial real estate
APN
88-20-27-279-023
APU
882027279023

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $796,000
    Market price range: $796k - $1.42M
    AI Estimate
    $796,000
    Market price range: $796k - $1.42M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,045,000
    Current use
    RESTAURANT
    $1,005,000
    Change: -3% Conversion: Difficult
    RETAIL STORES
    $980,000
    Change: -6% Conversion: Easy
    MEDICAL BUILDING
    $920,000
    Change: -12% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Troy
County
Oakland
State
Michigan
Longitude
-83.1299
Latitude
42.557
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
$5,996
$0.00
$0.00
$235,620
-
$0.00
$0.00
$471,240
More about this property
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