2500 Rochester Ct Troy, MI 48083
- Commercial real estate
- 5,816 SF
- 0.29 lot acres
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
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $796,000
- AI Estimate
- $796,000
Market price range: $796k - $1.42MMarket 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
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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