945 Stephenson Hwy Troy, MI 48083
For Sale
1 / 3
This exceptional 9.2-acre parcel of land presents a unique investment opportunity in Troy, Michigan. Ideally situated at 945 Stephenson Highway, this property boasts convenient access to I-75, ensuring excellent visibility and connectivity. The land is zoned I-B, opening doors to a wide array of potential commercial and industrial uses. All utilities are readily available on-site, simplifying the development process. The site is fully paved, eliminating significant upfront infrastructure costs and accelerating project timelines. With its strategic location, extensive utility access, and ready-to-develop condition, this property is perfectly positioned for immediate construction. The asking price is $5,000,000, translating to $543,478.26 per acre. This represents a compelling value proposition for developers seeking a prime location in Oakland County, Michigan. The I-B zoning allows for a multitude of development options, making this a versatile and highly attractive investment. Don't miss this chance to acquire a significant piece of land in a thriving Michigan market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.