Listing Agency: RH Commercial Realty Show Phone

Listed By: Reece Hughes · License #6501428750

Source: Crexi

Added: Sep 23, 2023 Changed: Aug 8 Last Checked: Aug 11 at 3:38PM

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Investment Insights

Based on property information with market context.

This property presents a rare opportunity for light industrial use, featuring frontage on Grand River Avenue and I-96. Its location offers close proximity to a major full-service freeway interchange.

Key Highlights

• Rare light industrial property opportunity
• Frontage on Grand River Ave and I‑96
• Frontage on a major road

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Repair Shop Law Firm Auto Parts Store

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

144

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 - Light industrial property with frontage on Grand River Ave and I-96.

Where is this industrial land located?

The property is located at 51563 Grand River Ave Wixom, MI.

What are key features of this property?

This property features: Rare light industrial property opportunity; Frontage on Grand River Ave and I‑96; Frontage on a major road