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    29234 Lyon Oaks Dr Wixom, MI 48393
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    Property profile & analytics

    29234 Lyon Oaks Dr Wixom, MI 48393


    • Industrial properties
    • 23,104 SF
    • 2.07 lot acres
    Flex Space with Office For Lease
    $1,975,000
    1,800 SF

    Flex Space with Office

    End unit with office space and freeway exposure potential.

    29234 Lyon Oaks Dr, Wixom, MI 48393
    View Listing
    Property ID
    US43-4230789
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New Horizon Safety Diagnostics / Medical Clinic

    Property Details for 29234 Lyon Oaks Dr

    Year built
    2001
    Lot size
    2.07 lot acres
    Property size
    23,104 SF
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    K -21-12-251-016
    APU
    K2112251016

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,974,000
      Market price range: $1.97M - $2.94M
      AI Estimate
      $1,974,000
      Market price range: $1.97M - $2.94M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,520,000
      Current use
      AUTO REPAIR, GARAGE
      $2,830,000
      Change: +12% Conversion: Easy
      OFFICE BUILDING
      $2,710,000
      Change: +8% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,150,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wixom
    County
    Oakland
    State
    Michigan
    Longitude
    -83.5639
    Latitude
    42.5027
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,868
    $0.00
    $0.00
    $696,660
    -
    $0.00
    $0.00
    $1,393,320
    View Listing
    More about this property
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