Property profile

51563 Grand River Ave Wixom, MI 48393

OFF-MARKET
Land
14.17 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire 14.17 acres of prime industrial land in Wixom, Michigan. This property boasts significant frontage on Grand River Avenue and I-96, offering unparalleled access to major transportation arteries. The site comprises two parcels totaling 14.17 acres (1.75 acres and 12.42 acres), providing flexibility for development. With over 750 feet of frontage on Grand River Avenue and over 400 feet on I-96, this location ensures high visibility and convenient access for businesses. The property is zoned for light industrial use and benefits from readily available municipal water, sewer, natural gas, and electricity. Located in Lyon Township with a Wixom mailing address, this site is just one mile from the I-96 Wixom Road interchange and minutes from I-275, I-696, M-5, and US-23, providing seamless connectivity throughout the region. The APN numbers are 21-12-251-006 and 21-12-426-001. This rare offering presents a unique chance to establish a thriving industrial presence in a strategic location. The asking price is $1,975,000.

Property profile

Verified
Property type Land
Lot 14.17 ac (617,245 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

51563 Grand River Ave Wixom, MI 48393
Wixom metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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