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    1950 Wixom Rd Wixom, MI 48393

    Sponsored
    For Sale
    $899,000

    Prime 3-acre commercial lot, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3-acre commercial land parcel, located at 1950 N Wixom Road in Wixom, Michigan (zip code 48393), presents a unique investment opportunity. The property boasts a generous lot size, measuring approximately 200 feet by 657 feet, and is zoned B2, allowing for a variety of commercial uses. All utilities are readily available, simplifying development and reducing upfront costs. Situated in Oakland County, this site benefits from strong demographics and a thriving local economy, making it an ideal location for businesses seeking high visibility and accessibility. The asking price for this strategically located land is $899,000. Its convenient location and versatile zoning make it suitable for a wide range of commercial ventures. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area. Serious inquiries only.

    Property Features for 1950 Wixom Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre site ideal for development.
    • 200' x 657' lot dimensions.
    • All utilities available on‑site.
    • Excellent demographics for commercial development.
    • B2 zoning.
    • $899,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wixom
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5375892
    Latitude
    42.5491273

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      Specialty properties
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    FAQs

    What type of property is this?
    Land - Prime 3-acre commercial lot, excellent location.
    Where is this land located?
    The property is located at 1950 Wixom Rd Wixom, MI.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 3-acre site ideal for development.; 200' x 657' lot dimensions.; All utilities available on-site.
    (248) 353-0500
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    1950 Wixom Rd Wixom, MI 48393
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1950 Wixom Rd Wixom, MI 48393
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