700 Tower Dr, Troy, MI 48098 Property Records

Oakland County property record for 700 Tower Dr, Troy, MI 48098

Property Summary

Property Type	Commercial
Details	245,371 sqft · built 1986
Lot Size	15.9 acres (693,911 sqft)
Owner	Company Name on Record
Last Sale	$512,000 (May 2016)
Tax Bill	$342,844 (2025)
Deeds & Mortgages	Apr 2023 Mortgage Sep 2022 Sale + 5 more
Flood Zone	Zone X (minimal risk)
APN	`88-20-09-301-016`

Property Details

APN / Parcel Number

Primary APN	`88-20-09-301-016`

Interior

Units	631 Units
Stories	7 Stories
Building Area	245,371 sqft Total Area
1st Floor Area	35,053 sqft
Fire Sprinklers	Fire Sprinklers
Elevator	Elevator

Exterior

Year Built	Built 1986
Effective Year Built	Effective 1986
Lot Area	693,911 sqft (15.9 acres)
Lot Dimensions	43,560 ft deep x 15 ft wide

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Zoned
Heating Fuel	Gas
Sewer	Municipal

Location & Zoning

Street Address	700 TOWER DR
City	TROY
State	MI
Zip	48098-2808
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	RC
Legal Description	T2N,R11E, SEC 9 PART OF SW 1/4 BEG AT PT DIST N 87-26-35 E 1263.73 FT & N02-37-54 W 320 FT FROM SW SEC COR, TH ALG CURVE TO
Legal Range	11E
Legal Township	2N
Legal Section	9
Jurisdiction	OAKLAND MI
Township / Civil Division	TROY
Census Block Group	3
Census Block	3001
Census Tract	196500

Owner

Source: Oakland County records, as of May 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	1010 S FEDERAL HWY, 2900, HALLANDALE BEACH, FL 33009-7184
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Apr 10, 2023	Deed of Trust, Mortgage · Unknown ARGNT HOLDINGS LLC
Sep 13, 2022	Ground Lease, Transfer MADISON TITLE AGENCY LLC
Sep 13, 2022	Deed, Transfer MADISON TITLE AGENCY LLC
Jan 8, 2019	Deed of Trust, Mortgage · Commercial Mortgage TCF NATIONAL BANK
Sep 13, 2022	Deed, Construction Loan · Construction Mortgage CITY NATIONAL BANK OF FLORIDA
Sep 13, 2022	Quit Claim Deed, Transfer MADISON TITLE AGENCY LLC
Jul 7, 2017	Loan Modification, Mortgage · Line of Credit JP MORGAN CHASE BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 5, 2016 · Amount on Record
Deed Sale	May 5, 2016 · Amount on Record
Prior Sale	Jun 13, 2012
Deed Document Number	201687041
Deed Book / Page	49333 / 839
Last Transfer Date	Aug 10, 2022
Transfer Doc	0000442558
Record Updated	Sep 20, 2026

April 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OAKLAND MI
Property Address	700 TOWER DR, TROY, MI 48098-2808
Transaction Type	Mortgage
Record Updated	May 10, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000039825
Date	Apr 10, 2023
Book Page	58532/735
Instrument	39825

Lender

Name	ARGNT HOLDINGS LLC
Type	Non-Lending Institution
Address	BALA CYNWYD, PA 19004

Agreement

Type	Unknown
Amount	Amount Recorded

September 2022: Ground Lease, Transfer

Document Type	Ground Lease
Jurisdiction	OAKLAND MI
Recording Date	Sep 13, 2022
Property Address	700 TOWER DR, TROY, MI 48098-2808
Document Number	0000442563
Book / Page	58104 / 256
Instrument Date	Aug 15, 2022
Instrument	442563
Transaction Type	Transfer
Record Updated	Oct 6, 2022
Title Company	MADISON TITLE AGENCY LLC

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4411 PINE TREE DR, MIAMI BEACH, FL 33140-3131

September 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	OAKLAND MI
Recording Date	Sep 13, 2022
Property Address	700 TOWER DR, TROY, MI 48098-2808
Document Number	0000442560
Book / Page	58104 / 235
Instrument Date	Aug 15, 2022
Instrument	442560
Transaction Type	Transfer
Record Updated	Oct 6, 2022
Title Company	MADISON TITLE AGENCY LLC

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	80 BROAD ST STE 3303, 3303, NEW YORK, NY 10004-2845
Mail Care Of	BERKOVITCH & BOUSKILA PLLC

January 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	OAKLAND MI
Property Address	700 TOWER DR, TROY, MI 48098-2808
Transaction Type	Mortgage
Record Updated	Aug 12, 2022
Title Company	AMROCK INC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	700 TOWER DR, TROY, MI 48098-2808

Mortgage

Document Number	0000004323
Date	Jan 8, 2019
Book Page	52492/00242
Instrument	004323

Lender

Name	TCF NATIONAL BANK
Type	Bank
Address	TROY, MI 48083

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	119 Months
Due	Dec 27, 2028

September 2022: Deed, Construction Loan

Document Type	Deed
Jurisdiction	OAKLAND MI
Recording Date	Sep 13, 2022
Property Address	700 TOWER DR, TROY, MI 48098-2808
Document Number	0000442562
Book / Page	58104 / 249
Instrument Date	Aug 12, 2022
Instrument	442562
Transaction Type	Construction Loan
Record Updated	Oct 6, 2022
Title Company	MADISON TITLE AGENCY LLC

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	4411 PINE TREE DR, 4411, MIAMI BEACH, FL 33140-3131

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1010 S FEDERAL HWY # 2900, 2900, HALLANDALE BEACH, FL 33009-7127
Mail Care Of	KAWA PRIVATE INVESTMENTS LLC

Mortgage

Document Number	0058104262
Date	Sep 13, 2022
Instrument	58104/262

Lender

Name	CITY NATIONAL BANK OF FLORIDA
Type	Bank

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

September 2022: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	OAKLAND MI
Recording Date	Sep 13, 2022
Property Address	700 TOWER DR, TROY, MI 48098-2808
Document Number	0000442558
Book / Page	58104 / 229
Instrument Date	Aug 10, 2022
Instrument	442558
Transaction Type	Transfer
Record Updated	Oct 6, 2022
Title Company	MADISON TITLE AGENCY LLC

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	34975 W 12 MILE RD, 34975, FARMINGTON HILLS, MI 48331-3275

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	34975 W 12 MILE RD, FARMINGTON HILLS, MI 48331-3275

July 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	OAKLAND MI
Recording Date	Jul 7, 2017
Property Address	700 TOWER DR, TROY, MI 48098-2808
Book / Page	050841 / 000205
Instrument Date	Jun 23, 2017
Instrument	129417
Transaction Type	Mortgage
Record Updated	Aug 24, 2018
Title Company	TITLE SOURCES INC

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company

Mortgage

Document Number	0000129417
Date	Jul 7, 2017
Book Page	050841/000205
Instrument	129417

Lender

Name	JP MORGAN CHASE BK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Oakland County assessment roll, as of January 21, 2026

Property Jurisdictions

Type	Name
State	Michigan
County	Oakland County
Municipality	Troy City
Unified School District	Troy School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$342,844.00 (-4.91%)
2024	$360,533.00 (+147.31%)
2023			$19,287,820
2022	$145,781.00	$9,643,910

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective December 8, 2024

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	TROY serves 85,854 people · EPA ID MI0006690
Water Source	Purchased surface water from GREAT LAKES WATER AUTHORITY
Last State Inspection	Dec 2023
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 5 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

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