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Property profile & analytics
OFF-MARKET
Estimated value
$7,885,000
Manufacturing properties
48230 Ww Rd Wixom, MI 48393-3675
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US43-0121064
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2001
Total area
77,636 SF
Lot
9.58 ac (417,305 SF)
Zoning code
M-1
APN
96-22-05-476-047
UPID
US43-0121064
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
-
Glass & Metal Craft Hardware & Home Improvement Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.89M
Blend (final)
Blend
$7.89M
Owner & transaction history
Michigan Certified Development Corp · 3 yrs held
Michigan Certified Development Corp
since 2022
6 recorded transactions
Zoning & alternative use
M-1 · Wixom, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$13.1M
+54.8%
Medical building
$12.3M
+44.8%
Auto repair, garage
$9.5M
+12.4%
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
INDUSTRIAL (GENERAL)
$8,465,000
Current use
RETAIL STORES
$13,105,000
Change: +55% · Conversion: Moderate
MEDICAL BUILDING
$12,255,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,515,000
Change: +12% · Conversion: Easy
OFFICE BUILDING
$9,105,000
Change: +8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,225,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$7.89M
Range $7.10M – $8.67M · ±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
$102 / 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
$104,082
Tax year 2023
Assessed value
$3,173,380
Assessed 2024
Previous assessed
$2,999,140
+5.8% YoY
Effective rate
3.28%
On assessed value
Total market value
$6,346,760
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2001
Heating
GAS
Cooling
YES
Stories
1
Units
1
Total area
77,636 SF
Lot
9.58 ac (417,305 SF)
Zoning code
M-1
APN
96-22-05-476-047
UPID
US43-0121064
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Wixom, MI
Zoning 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
Wixom. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.5M
RETAIL STORES
Est. value
$13.1M
MEDICAL BUILDING
Est. value
$12.3M
AUTO REPAIR, GARAGE
Est. value
$9.5M
OFFICE BUILDING
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Heating
GAS
Cooling
Yes
Stories
1
Units
1
Lot
9.58 ac
Current owner
From public records · entity-resolved
Michigan Certified Development Corp
Entity
Mailing address
48230 WW RD, WIXOM, MI 48393-3675
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Sep 15, 2025
—
Barracuda Industries LLC
—
Deed
related
—
Apr 15, 2025
—
Barracuda Industries Investments Ll
—
Deed
related
$920,000 · The Huntington National Bank
Feb 21, 2024
—
Barracuda Industries Investments Ll
—
Deed
related
$2,121,088 · The Huntington National Bank
Sep 9, 2022
—
Michigan Certified Development Corp
Barracuda Industries LLC
Assignment Of Lease (leasehold Sale)
$1,851,000 · Michigan Certified Development Corporati
Jul 12, 2022
—
Pnc Bank
Barracuda Idustries Investements Ll
Assignment Of Lease (leasehold Sale)
$1,800,000 · Pnc Bank NA
Feb 1, 2016
—
Barracuda Industries Investments Ll
Muse & Levine Family LLC
Warranty Deed
$2,125,000 · Pnc Bank NA
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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