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    29234 Lyon Oaks Dr Wixom, MI 48393

    Sponsored
    For Lease
    $13 SF/Yr

    6,100 SF Flex Space, Oakland County

    Lot size:
    23,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6,100 square foot flex space, situated within the Lyon Oaks Industrial Park in Oakland County, presents a remarkable leasing opportunity. Built in 2003, this single-tenant unit boasts a spacious 1,800 square foot office area, complete with a private office, conference room, lunchroom, and open workspace. The unit features convenient access with two 12' x 14' grade-level loading doors, and ample parking is available on three sides of the building. Benefit from excellent visibility with potential for building signage facing the I-96 freeway. The property sits on a 2.07-acre lot and is zoned for light industrial use (LT. INDUSTRIAL), offering flexibility for a variety of businesses. The total building size is 23,104 square feet, with 16-foot ceilings throughout. The annual lease rate is $13 per square foot, translating to a monthly cost of $6,608. This is a gross lease, meaning property taxes of $24,475 annually are included. The space became available on November 16, 2020, and is ready for immediate occupancy. The APN is 2112251016.

    Property Features for 29234 Lyon Oaks Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,104 SF
    Total Rate
    25029.33

    Building Details

    Year Built
    2003

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,100 SF
    Rate per SF
    $13

    HighLights

    • 6,100 SF of flex space available for lease.
    • $13/SF annual rent ($6,608/month).
    • Gross lease.
    • Available November 16, 2020.
    • Sublease space available.
    • $24,475 annual tax expenses.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Horizon Safety ... Diagnostic Center

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Gym & Fitness Pharmacy Auto Parts Store Department Store Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Wixom
    County
    Oakland
    State
    Michigan
    Longitude
    -83.563985
    Latitude
    42.502485

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    FAQs

    What type of property is this?
    Flex space - 6,100 SF Flex Space, Oakland County
    Where is this flex space located?
    The property is located at 29234 Lyon Oaks Dr Wixom, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 6,100 SF of flex space available for lease.; $13/SF annual rent ($6,608/month).; Gross lease.
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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
    29234 Lyon Oaks Dr Wixom, MI 48393
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