Property profile

46926 Magellan Wixom, MI 48393

OFF-MARKET
Warehouses
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Property ID
US43-5178303
10,968 SF 1.15 ac Built 1999
Last sale Jun 2023·$925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$450k
Effective rate4.46%

Value estimate

· Nov 2026
$1.06M
$954k – $1.17M
CAP approach$1.02M
Submarket $/SF estimate$1.29M

Realmo valuation models over county records and 9 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 comparables9

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 agency11.0
Hair Salon10.3
Parking Facility9.2

Location

46926 Magellan Wixom, MI 48393-3699
County assessor Recorded deeds · 8 transfers 9 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
28830 Wall, Wixom, MI 48393-3518 $950,000 Nov 2023 8,940 SF
4910 Moviter, Wixom, MI 48393-4325 $450,000 Jul 2022 11,200 SF
28750 Wall, Wixom, MI 48393-3516 $600,000 Jan 2022 9,292 SF
29769 Anthony, Wixom, MI 48393-3606 $1,200,000 Sep 2021 12,599 SF
30382 Beck, Wixom, MI 48393-2829 $475,000 Sep 2021 10,122 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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Includes: Price & PSF · Cap rate · Location · Zoning

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