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Financial
Distress signals
Property profile

48668 Alpha Dr Wixom, MI 48393

FOR LEASE
Manufacturing properties
Property ID
US43-1387166
101,752 SF 4.25 ac lot Built 2015
Last sale Sep 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
48668 Alpha Dr, Wixom, MI 48393 For Lease
$10.30 SF/Yr 110,758 SF available
48668 Alpha Dr, Wixom, MI 48393
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Property summary

AI-generated overview

Industrial shop space located at 48668 Alpha Dr in Wixom, MI 48393. The concrete scope involves replacing approximately 24,000 square feet of shop floor with new concrete, installing an epoxy coating topped with a high-wear urethane finish, and refinishing the remaining existing shop concrete with an epoxy system and high-wear urethane topcoat for a durable, cleanable surface. Interior painting is included throughout: newly placed concrete areas receive wall and ceiling paint, while areas with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$212k
Tax billed · 2021
Assessed value$5.63M
Effective rate3.77%

Value estimate

· Oct 2026
$12.96M
$11.66M – $14.25M
Submarket $/SF estimate$12.95M
NOI build-up
Gross scheduled income$814k
Vacancy & credit loss−$30k
Operating expenses−$118k
NOI · 6,469,495.15% cap applied$666k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$85 – $127

Cap rate analysis

How does the asset earn?
6,469,495.15%
$666k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IRO
The IRO industrial research office district is designed to provide for uses that are office or research type or industrial uses that have...
General categoryINDUSTRIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.7
Smoke and Vape Shop8.4
Parking Facility8.4

Location

48668 Alpha Dr Wixom, MI 48393
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
48985 Wixom Tech, Wixom, MI 48393-3557 $2,226,000 Dec 2025 17,140 SF
52700 Pontiac, Wixom, MI 48393-1926 $3,925,000 Oct 2022 33,918 SF
29830 Beck, Wixom, MI 48393-2824 $1,722,500 May 2022 20,606 SF
28024 Ctr Oaks, Wixom, MI 48393-3343 $1,400,000 Apr 2022 26,872 SF
48282 Frank, Wixom, MI 48393-4711 $22,154,057 Jan 2022 132,101 SF
28966 Wall, Wixom, MI 48393-3520 $1,970,000 Jun 2021 32,176 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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