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Property profile & analytics
OFF-MARKET
Estimated value
$440,000
Auto shops
29330 Wixom Rd Wixom, MI 48393-3424
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US43-0857123
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Total area
6,007 SF
Lot
1.74 ac (75,794 SF)
Zoning code
M-1
APN
96-22-08-100-048
UPID
US43-0857123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Wixom Quick Stop & Go Grocery & Convenience Store
-
Shawarma Stop To Go Restaurant
-
Wixom Oil Change Auto Repair Shop
-
Wixom Fuel Stop Auto Repair Shop
-
Marathon Gas Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$440k
Owner & transaction history
Wixom Investments Group INC · 11 yrs held
Wixom Investments Group INC
since 2014
6 recorded transactions
Zoning & alternative use
M-1 · Wixom, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The M-1 light industrial district is designed primarily to accommodate research and development, corporate office and light industrial uses, including wholesale activities, warehouses and industrial operations whose external, physical effects are restricted to the area of the district and in no manner affect in a detrimental way any of the surrounding distri…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,924.43 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.1M
+43.7%
Restaurant
$1.0M
+41.2%
Retail stores
$1.0M
+37.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wixom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wixom submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$735,000
Current use
COMMERCIAL (GENERAL)
$1,060,000
Change: +44% · Conversion: Moderate
RESTAURANT
$1,040,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$1,015,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$950,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$705,000
Change: -4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$655,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$440k
Range $396k – $484k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$73 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$25,312
Tax year 2023
Assessed value
$582,050
Assessed 2024
Previous assessed
$581,590
+0.1% YoY
Effective rate
4.35%
On assessed value
Total market value
$1,164,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Units
1
Total area
6,007 SF
Lot
1.74 ac (75,794 SF)
Zoning code
M-1
APN
96-22-08-100-048
UPID
US43-0857123
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Wixom, MIZoning M-1 · permitted uses
M-1 · Wixom, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The M-1 light industrial district is designed primarily to accommodate research and development, corporate office and light industrial uses, including wholesale activities, warehouses and industrial operations whose external, physical effects are restricted to the area of the district and in no manner affect in a detrimental way any of the surrounding districts
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,924.43 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$950,000
OFFICE BUILDING
Est. value
$705,000
INDUSTRIAL (GENERAL)
Est. value
$655,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
1
Lot
1.74 ac
Current owner
From public records · entity-resolved
Wixom Investments Group INC
Entity
Mailing address
29330 S WIXOM RD, WIXOM, MI 48393-3424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2014
—
Wixom Investments Group INC
Chouman Real Estate LLC
Quit Claim Deed
related
—
Jan 5, 2005
—
Chouman Real Estate LLC
Wixom Fuel Stop INC
Warranty Deed
—
Dec 27, 2002
—
Wixom Fuel Stop INC
—
Deed Of Trust
related
$3,140,000 · National City Bank Michigan/il
May 16, 2002
—
Wixom Fuel Stop INC
—
Deed Of Trust
related
$1,682,000 · Comerica Bank
—
—
Chouman Real Estate LLC
—
Deed Of Trust
related
$900,000 · Pnc Bank
—
—
Chouman Real Estate LLC
—
Deed Of Trust
related
$100,000 · Pnc Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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