Property profile

48238 Frank St Wixom, MI 48393

OFF-MARKET
Warehouses
Property ID
US43-4766568
126,720 SF Built 2021
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2021
Total area 126,720 SF
APN 96-22-05-476-062
UPID US43-4766568

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

48238 Frank St Wixom, MI 48393-4711
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
$16.29M
Blend (final) Blend
$14.83M

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $22.3M +130.7%
Restaurant $21.9M +126.7%
Retail stores $21.4M +121.0%

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
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