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28006 Oakland Oaks Ct Wixom, MI 48393

Industrial land Google Maps
1.46 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$180k
Range $162k – $198k (±10%)
Property ID US43-5261261

Property summary

AI-generated overview

This exceptional 19,976-square-foot warehouse in Wixom, Michigan, presents a remarkable build-to-suit opportunity. Situated on a 1.46-acre lot, this single-tenant property boasts prime visibility due to its Grand River frontage, a heavily traveled road. The building offers ample parking with 30 spaces. The property's IRO (Industrial Research Office) zoning provides significant flexibility for a variety of uses. Potential tenants can explore options including research and development, manufacturing, medical facilities, office space, and even retail establishments. The entire 19,976 square feet is currently vacant, providing a blank canvas for a customized build-out to perfectly meet a tenant's specific needs. The property's location in Oakland County, with the address 28006 Oakland Oaks Ct, Wixom, MI 48393, offers easy access to major transportation routes. The APN is 96-22-07-326-014. This is an unparalleled chance to secure a highly versatile industrial space in a desirable location.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.46 ac (63,598 SF)
Zoning code IRO
APN 96-22-07-326-014
UPID US43-5261261

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$180k

Owner & transaction history

since 2023
Last sale
$178,000
3 recorded transactions
2023
$178,000
2021
Price N/A
2003
$320,000

Zoning & alternative use

IRO · Wixom, MI
Zoning description

The IRO industrial research office district is designed to provide for uses that are office or research type or industrial uses that have limited impact outside of the industrial building

General category INDUSTRIAL

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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