Troy, Michigan, is an attractive location for investors seeking Industrial Properties For Sale, as the city's strong business presence and diverse economy make it an ideal place to invest in industrial real estate. Industrial Properties in Troy represent a range of investments, from warehouses and manufacturing facilities to research and development spaces, offering a variety of opportunities for businesses and investors alike. With its proximity to Detroit and access to major transportation routes, including Interstate 75 and the Oakland-Troy Airport, Troy provides an ideal location for industrial operations. Additionally, the city's highly educated workforce, with institutions like Walsh College and Northwood University, and its strong infrastructure, including the Council-Manager form of government, make it an attractive location for businesses. Troy's amenities, such as the Somerset Collection mall and the Troy Historic Village, also contribute to its appeal as a great place to live and work. Overall, Troy is a great place for business and travel, with its rich history, diverse economy, and strong infrastructure.
With 14 Industrial Properties For Sale in Troy, investors have a range of options to choose from. In addition to Industrial Properties, Troy also offers Warehouses, with their proximity to major transportation routes making them ideal for logistics and distribution operations. The city is also home to Land, providing opportunities for development and growth. Apartment Buildings are another option, offering a range of housing choices for residents. Furthermore, Commercial Real Estate in Troy provides a variety of spaces for businesses, from office buildings to retail spaces. Overall, Troy's diverse range of properties makes it an attractive location for investors and businesses alike, with its strong economy, highly educated workforce, and excellent infrastructure.
What is the average price per square foot for industrial properties in Troy?
The average price per square foot for industrial properties in Troy is $115 USD, with an average size of 48,886 square feet and a largest size of 138,844 square feet, among the 14 available listings.
How do location and transportation access affect industrial property values?
In Troy, Michigan, the location and transportation access of industrial properties significantly impact their values, as proximity to major highways, airports, and business districts can increase property values and attract potential buyers and tenants.
- The city's strategic location near Interstate 75 and the Oakland-Troy Airport provides easy access to regional and national markets, making industrial properties in Troy more desirable and valuable.
- The presence of major companies in the automotive and financial sectors, such as Altair Engineering and Flagstar Bank, also drives up demand for industrial properties and increases their values.
- Additionally, the city's well-maintained infrastructure and transportation facilities, including roads and highways, contribute to the overall attractiveness and value of industrial properties in Troy.
