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    3250 W Big Beaver Rd Troy, MI 48084
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    Property profile & analytics

    3250 W Big Beaver Rd Troy, MI 48084


    • Commercial real estate
    • 149,135 SF
    • 7.59 lot acres
    Prime Commercial Outlot Opportunity For Sale
    $21,355,000

    Prime Commercial Outlot Opportunity

    Commercial land available for lease or build to suit.

    3250, 3290, 3310 W. Big Beaver Rd, Troy, MI 48084
    View Listing
    Property ID
    US43-1905133
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • American Dysautonomia Institute / Charitable Organization
    • VEST, Inc. / (Bike/Boat/Book/etc) Store / Corporate Office
    • SYSTEMS SOLUTION ENGINEERING / Engineer
    • Rise-es / (Bike/Boat/Book/etc) Store / Corporate Office
    • Detroit Website Design / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 3250 W Big Beaver Rd

    Year built
    1973
    Lot size
    7.59 lot acres
    Property size
    149,135 SF
    Zone code
    O-M
    Property type
    Commercial real estate
    APN
    88-20-19-453-009
    APU
    882019453009

    Description

    This exceptional 1.5-acre commercial land parcel presents a prime development opportunity in Troy, Michigan. Located at 3250, 3290, and 3310 West Big Beaver Road, this property boasts unparalleled visibility and accessibility. Its strategic location just west of the renowned Somerset Collection shopping center provides significant advantages for businesses seeking high foot traffic and brand exposure. The Somerset Collection, a luxury shopping destination encompassing over 1.44 million square feet, features more than 180 stores and restaurants, including four major department stores: Nordstrom, Neiman Marcus, Macy's, and Saks Fifth Avenue. The property benefits from the high traffic volume and affluent demographic associated with this premier shopping center. The site is further enhanced by its position within the Troy Big Beaver Corridor Plan, suggesting future development opportunities and potential for growth. This land is available for lease or build-to-suit, offering flexibility to prospective tenants or developers. The property's 1.5-acre size allows for substantial development potential, catering to a wide range of commercial uses. With its excellent location, visibility, and development potential, this property represents a unique investment opportunity in a thriving commercial corridor. The property is situated in Oakland County, Michigan, and has a zip code of 48084.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $21,354,000
      Market price range: $19.0M - $36.5M
      AI Estimate
      $21,354,000
      Market price range: $19.0M - $36.5M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $27,235,000
      Current use
      RESTAURANT
      $25,815,000
      Change: -5% Conversion: Difficult
      RETAIL STORES
      $25,170,000
      Change: -8% Conversion: Easy
      MEDICAL BUILDING
      $23,540,000
      Change: -14% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1943
    Latitude
    42.562
    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
    $81,239
    $0.00
    $0.00
    $7,207,430
    -
    $0.00
    $0.00
    $14,414,860
    View Listing
    More about this property
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