Wixom Light Industrial
For Sale
$1,945,000
47840 Anna Ct, Wixom, MI 48393
Versatile building in Wixom's industrial corridor with high ceilings.
Property Size13,898 SF
Price / SF$139.95
Days on Market448
Property Features for 47840 Anna Ct
General Information
Standard status
Active
Size
13,898 SF
Taxes and HOA fees
Annual Taxes
$19,371
Listing Agency:
GRI Homes for Today
(248) 234-6789
Listed By:
Tjader Gerdom · License #6502357230
(248) 515-7606
Source:
Exprealty
Added: Jul 16, 2025
Changed: Sep 14
Last Checked: Oct 5 at 7:06PM
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 GRI Homes for Today
Investment Insights
Based on property information with market context.
This light industrial property is located in the heart of Wixom's industrial corridor. The building offers high ceilings, grade-level loading, and flexible warehouse or light manufacturing space. It is suitable for logistics, fabrication, or service-based operations. The property provides easy access to I-96 and the commercial amenities of Novi. The building has a size of 13898 square feet.
Key Highlights
- Prime location in the heart of Wixom's industrial corridor.
- Easy access to I‑96.
- Flexible warehouse or light manufacturing space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,744
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,874,880
$2.9M
Cap Rate 7%
$2,053,486
$2.1M
Cap Rate 9%
$1,597,156
$1.6M
Market Conditions
NOI Build-Up for 13,898 SF
Gross rent
$250.2K $18.00/SF
− Vacancy
−$29.0K −$2.09/SF
EGI
$221.1K $15.91/SF
− OpEx
−$77.4K −$5.57/SF
NOI
$143.7K $10.34/SF
Area
Oakland County, MI
Vacancy
11.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,874,880
Cap Rate 7%
$2,053,486
Cap Rate 9%
$1,597,156
Alternative Uses
Best Use
Flex RnD
$2.05M
$1.80M – $2.40M
NOI $143,744 @ 7.0% cap · market cap 7.39%
Second Best
Industrial
$983.7K
$860.8K – $1.15M
NOI $68,860 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$3.00M
$2.62M – $3.50M
NOI $209,838 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile building in Wixom's industrial corridor with high ceilings.
Where is this flex space located?
The property is located at 47840 Anna Ct Wixom, MI.
What is the asking price?
The asking price for this property is $1,945,000.
What are key features of this property?
This property features: Prime location in the heart of Wixom's industrial corridor.; Easy access to I‑96.; Flexible warehouse or light manufacturing space.
