1640 Axtell DrTroy, MI 48084

  • Commercial real estate
  • 3,888 SF
For Lease
$10/SF/YR View listing

Property Details for 1640 Axtell Dr

Year built
1966
Lot size
0.46 AC
Property size (Sq ft)
3,888 SF
Zone code
B-3
Property type
Commercial real estate
APN
88-20-29-355-001
APU
882029355001

Description

This exceptional two-story office building, totaling 7,128 square feet, presents a unique investment opportunity in Troy, Michigan. Located at 1640 Axtell Drive, near the intersection of Maple Road and Coolidge Road, this property offers multiple suites ranging from a minimum of 1,700 square feet to a maximum contiguous space of 7,128 square feet. Currently, the entire 7,128 square feet is vacant, providing flexibility for a single tenant or multiple occupants. The building features 30 parking spaces and sits on a 0.63-acre lot. Renovated in 2014, this property is zoned for commercial use and is suitable for traditional office or medical office space. Its convenient location, ample parking, and flexible floor plans make it an ideal choice for businesses seeking a prominent presence in Troy. The property's zoning allows for medical uses, adding to its versatility. This is a rare opportunity to acquire a well-maintained, strategically located commercial building in a thriving market. The building's size and layout offer significant potential for a variety of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $891,782
    Hospitality
    $816,867
    Educational
    $679,624
    Medical
    $702,997
    Retail
    $1,057,193
1640 Axtell Dr, Troy, Michigan

Location Insight

City
Troy
County
Oakland
State
Michigan
Latitude
42.5482
Longitude
-83.1827
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
$10,929
-
-
$278,580
-
-
-
$557,160

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