850 Stephenson HwyTroy, MI 48083

  • Commercial real estate
  • 142,100 SF
For Lease
$13.50/SF/YR View listing

Property Details for 850 Stephenson Hwy

Year built
1980
Lot size
6.79 AC
Property size (Sq ft)
142,100 SF
Zone code
R-C
Property type
Commercial real estate
APN
88-20-35-126-020
APU
882035126020

Description

The 850 Building, located at 850 Stephenson Hwy in Troy, Michigan, offers a prime opportunity for businesses seeking executive office space. This Class B building boasts a total of 62,172 square feet, with a significant amount of vacant space totaling 56,307 square feet. The property is zoned R-C and situated in Oakland County, offering convenient access to major thoroughfares and amenities. Multiple tenancy options are available, with spaces ranging from a minimum of 1,202 square feet to a maximum contiguous space of 19,858 square feet. This presents a unique opportunity for businesses of various sizes, from smaller executive suites to larger organizations requiring substantial contiguous space. The building's executive office subtype caters to businesses seeking a professional and sophisticated work environment. The address is 850 Stephenson Hwy, Troy, MI 48083. With 16 spaces currently available, this property provides ample opportunity for immediate occupancy. The building's size and flexible space options make it an ideal location for a variety of businesses seeking a well-located and functional office space in the thriving Troy market. Inquire today to learn more about leasing options and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $33,828,792
    Hospitality
    $30,986,992
    Educational
    $25,780,814
    Medical
    $26,667,456
    Retail
    $40,103,488
850 Stephenson Hwy, Troy, Michigan

Location Insight

City
Troy
County
Oakland
State
Michigan
Latitude
42.5429
Longitude
-83.118
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
$81,146
-
-
$4,276,920
-
-
-
$8,553,840

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