Financial
Distress signals
Property profile

48602 Downing St Wixom, MI 48393

OFF-MARKET
Warehouses
Property ID
US43-1050600
14,909 SF 1.88 ac lot Built 1987
Last sale Dec 2024 · $60,125
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$710k
Effective rate2.80%

Value estimate

· Sep 2026
$435k
$392k – $479k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 180 recorded sales of this use type
Observed band · Q1–Q3$48 – $129
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-1
The M-1 light industrial district is designed primarily to accommodate research and development, corporate office and light industrial us...
General categoryINDUSTRIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.4
Dental Office9.5
Smoke and Vape Shop9.0

Location

48602 Downing St Wixom, MI 48393-3504
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
48985 Wixom Tech, Wixom, MI 48393-3557 $2,226,000 Dec 2025 17,140 SF
48932 Wixom Tech, Wixom, MI 48393-3557 $3,092,541 Feb 2025 15,000 SF
46926 Magellan, Wixom, MI 48393-3699 $925,000 Jun 2023 10,968 SF
4910 Moviter, Wixom, MI 48393-4325 $450,000 Jul 2022 11,200 SF
29769 Anthony, Wixom, MI 48393-3606 $1,200,000 Sep 2021 12,599 SF
29632 Tech, Wixom, MI 48393-3561 $942,416 May 2021 11,325 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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