230 Maple RdTroy, MI 48084

For Sale
  • Commercial real estate
  • 27,072 SF

Property Details for 230 Maple Rd

Year built
1976
Lot size
2.48 AC
Property size (Sq ft)
27,072 SF
Zone code
B-2
Property type
Commercial real estate
APN
88-20-28-478-025
APU
882028478025

Description

This exceptional 33,590 square foot medical office building, located at 230 W Maple Rd in Troy, Michigan, presents a unique investment opportunity. Situated on a 1.75-acre lot, this Class C building boasts a desirable location at the intersection of Maple and Livernois Roads, with convenient access to major thoroughfares. Constructed in 1976 and renovated in 2007, the two-story building features 8-foot ceilings and ample free surface parking for 116 vehicles. Currently, there are two turnkey medical suites available for lease, ranging from 3,847 to 4,650 contiguous square feet, with a total of 8,497 square feet currently vacant. The building is zoned for Maple Road and has an Oakland County APN of 20-28-478-025. The sale includes a long-term lease with an established surgical center, providing immediate and consistent income. This property is ideal for investors seeking a stable, income-producing asset in a thriving medical market. The minimum divisible space is 3,847 square feet. The property is offered for sale with an adjacent property/building. This presents a rare opportunity to acquire a substantial medical office complex in a prime Troy location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,444,850
    Hospitality
    $5,903,448
    Educational
    $4,911,599
    Medical
    $5,080,516
    Retail
    $7,640,265
230 Maple Rd, Troy, Michigan

Location Insight

City
Troy
County
Oakland
State
Michigan
Latitude
42.5494
Longitude
-83.15
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
$48,668
-
-
$1,319,180
-
-
-
$2,638,360

FAQs

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