Technical
Financial
Distress signals
Property profile

29362 Lorie Ln Wixom, MI 48393

OFF-MARKET
Auto shops
Property ID
US43-1600773
1,182 SF 0.8 ac lot Built 1973
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1973
Total area 1,182 SF
Lot 0.8 ac (34,848 SF)
Zoning code M-1
APN 96-22-08-227-022
UPID US43-1600773

Cap rate & NOI

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

Location

29362 Lorie Ln Wixom, MI 48393-3683
Wixom metro Census 133102 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2025
Last sale
$300,000
5 recorded transactions
2025
$300,000
2023
$190,000
2023
$240,000
2017
$127,500
2007
Price N/A

Zoning & alternative use

M-1 · Wixom, MI
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 exte…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 29362 Lorie Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message