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Corner Commercial Land Opportunity

2120 North Wixom Road, Wixom, MI 48393

For Sale
$695,000

Corner parcel offers sewer and water available on the street, with options including medical and bank or a future subdivision.

Property SizeContact for details
Days on Market247

Property Features for 2120 North Wixom Road

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $5,790
Listing Agency: Devonshire Realty
Listed By: Essam Sackllah · License MI #6504120710
Source: Compass
Added: Mar 13 Changed: Nov 13 Last Checked: Jul 20 at 11:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Devonshire Realty

Rey
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Investment Insights

Based on property information with market context.

This corner commercial land parcel is presented with multiple development paths. The property is described as largely 80 percent grass with a few scrub trees along the east side. Site size is indicated as 80 by 150, and the owner is willing to work with builders and may build to suit. The remarks also note that a medical and bank use has already been approved for approximately 28,000 square feet.

The property is positioned with access considerations for residential development, with no entrance from Wixom Road or Loon Lake Road mentioned in the residential scenario and a city-approved entrance proposed as part of a potential subdivision. The option described includes a six-home subdivision with 12,500 square-foot lots. Traffic counts cited include approximately 18,500 cars daily on Wixom Road and about 3,000 on Loon Lake Road. The area is described as having many residential homes with relatively few medical options, roughly 3 miles toward Wixom.

Key Highlights

  • Corner parcel with sewer and water available on the street
  • Approved 28,000 SF medical/bank use already in place; owner will build to suit
  • Zoned for medical and bank on the corner, with potential alternative uses

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center

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

88
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Oakland County

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Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel offers sewer and water available on the street, with options including medical and bank or a future subdivision.
Where is this commercial land located?
The property is located at 2120 North Wixom Road Wixom, MI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Corner parcel with sewer and water available on the street; Approved 28,000 SF medical/bank use already in place; owner will build to suit; Zoned for medical and bank on the corner, with potential alternative uses
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