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Property profile & analytics
FOR SALE
Industrial land

48200 Alpha Dr Wixom, MI 48393

47.17 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-1359403
Property summary
AI-generated overview

This exceptional 28.49-acre industrial land parcel presents a rare opportunity in Wixom, Michigan. Strategically located along the highly sought-after I-96 corridor, this property offers unparalleled access to major transportation routes and essential services. The site boasts IRO zoning, allowing for a variety of industrial uses, and all utilities are conveniently located on-site. The seller is willing to consider dividing the parcel, making it suitable for both large-scale and smaller development projects. This prime location provides immediate access to I-96, ensuring seamless logistics and efficient transportation. A significant advantage is the availability of tax abatement, offering potential cost savings for future development. The total asking price for this exceptional 28.49-acre site is $7,122,500, at a price of $250,000 per acre. Comprehensive due diligence materials are readily available for review. This is one of the last remaining frontage properties along this section of I-96, representing a truly unique investment opportunity. Don't miss this chance to secure a prime piece of industrial real estate in a thriving Michigan market. The property is located at 48200 Alpha Dr, Wixom, MI 48393, within Oakland County. The total acreage of the larger parcel is 47.17 acres.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 47.17 ac (2,054,725 SF)
Zoning code IRO
APN 96-22-08-426-034
UPID US43-1359403
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
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
by Request
Owner & transaction history
Damas Land Acquisitions LLC · 8 yrs held
Damas Land Acquisitions LLC
since 2018
3 recorded transactions
2018
$3.9M
2013
Price N/A
2013
$525,000
Zoning & alternative use
IRO · Wixom, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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