Listing Agency: Newmark

Listed By: Daniel Flynn · License #MI 6504283426

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:28PM

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Investment Insights

Based on property information with market context.

This 2.14-acre parcel offers developable industrial land with frontage along a main road. Access is provided through an easement serving West Road, supporting connection to the property from its frontage location.

The site carries M-1 zoning, with listed use potential that includes an office building, bank, restaurant, day care center, training school, or medical office. The property is located at 47020 West Road in Wixom, Michigan, within the Novi/Wixom corridor.

Key Highlights

• 2.14 acres of developable industrial land
• M‑1 zoning
• Main‑road frontage with access easement for West Road

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Restaurant Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

456

Businesses Nearby

Explore this area Business Placement

Demographics for 48393, MI

20,257

Population

9,847

Households

2.1

Avg Household Size

36

Median Age

43%

College-Educated

96%

High-School Grad

13.6 sq mi

ZIP Area

1,489

Density / Sq Mi

$67,194

Median Household Income

$44,862

Median Earnings

$975

Median Rent

$309,100

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - M-1 zoning supports office, restaurant, medical office, and other listed commercial uses.

Where is this industrial land located?

The property is located at 47020 West Road Wixom, MI.

What are key features of this property?

This property features: 2.14 acres of developable industrial land; M‑1 zoning; Main‑road frontage with access easement for West Road