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Financial
Distress signals
Property profile

48797 Alpha Dr Wixom, MI 48393

FOR LEASE
Life science properties
Property ID
US43-1337574
40,000 SF 4.24 ac lot Built 2000
Last sale Nov 2015 · $3,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-story, Class B office building, totaling 39,625 square feet, is situated in the Alpha Tech Corporate Park in Wixom, Michigan. Built in 2000, the property boasts a prime location with excellent visibility from I-96, east of Wixom Road, offering significant signage opportunities to a daily traffic count exceeding 157,000 vehicles. The building currently has 7,398 square feet of vacant space available for lease, ideal for a single tenant or divisible to accommodate requirements…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$61k
Tax billed · 2023
Assessed value · 2024$2.14M
Effective rate2.85%

Value estimate

· Oct 2026
$3.61M
$3.24M – $3.97M
NOI build-up
Gross scheduled income$238k
Vacancy & credit loss−$56k
Operating expenses−$45k
NOI · 1,049,300.00% cap applied$136k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,049,300.00%
$136k 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.0
Hair Salon8.9
Tailor Shop8.9

Location

48797 Alpha Dr Wixom, MI 48393
County assessor Recorded deeds · 3 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
51170 Grand Riv, Wixom, MI 48393-3361 $1,985,000 Nov 2024 37,826 SF
29905 Anthony, Wixom, MI 48393-3610 $1,319,500 Jan 2021 18,850 SF
29108 Lorie, Wixom, MI 48393-3640 $935,000 Jan 2019 10,179 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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