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    48200 Alpha Dr Wixom, MI 48393

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    For Sale
    Contact for pricing

    28.49 Acres, IRO Zoning, Tax Abatement

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 28.49-acre industrial land parcel presents a rare opportunity in Wixom, Michigan. Strategically located along the highly sought-after I-96 corridor, this property offers unparalleled access to major transportation routes and essential services. The site boasts IRO zoning, allowing for a variety of industrial uses, and all utilities are conveniently located on-site. The seller is willing to consider dividing the parcel, making it suitable for both large-scale and smaller development projects. This prime location provides immediate access to I-96, ensuring seamless logistics and efficient transportation. A significant advantage is the availability of tax abatement, offering potential cost savings for future development. The total asking price for this exceptional 28.49-acre site is $7,122,500, at a price of $250,000 per acre. Comprehensive due diligence materials are readily available for review. This is one of the last remaining frontage properties along this section of I-96, representing a truly unique investment opportunity. Don't miss this chance to secure a prime piece of industrial real estate in a thriving Michigan market. The property is located at 48200 Alpha Dr, Wixom, MI 48393, within Oakland County. The total acreage of the larger parcel is 47.17 acres.

    Property Features for 48200 Alpha Dr

    General Information

    Property type
    Land
    Lot Size
    1,241,024 SF

    HighLights

    • Rare I‑96 frontage property, divisible parcels available.
    • 28.49 acres available for sale from a 47.17‑acre site.
    • IRO zoning.
    • Utilities available on‑site.
    • Tax abatement opportunity.
    • Excellent I‑96 access and proximity to services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wixom
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5236726
    Latitude
    42.4986827

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      Specialty properties
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    FAQs

    What type of property is this?
    Land - 28.49 Acres, IRO Zoning, Tax Abatement
    Where is this land located?
    The property is located at 48200 Alpha Dr Wixom, MI.
    What are key features of this property?
    This property features: Rare I-96 frontage property, divisible parcels available.; 28.49 acres available for sale from a 47.17-acre site.; IRO zoning.
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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
    48200 Alpha Dr Wixom, MI 48393
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