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
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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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 ranging from 10,000 to 30,000 square feet. The flexible floor plan allows for customization to meet specific tenant needs. The property sits on a 4.24-acre lot and includes 277 parking spaces. The building is zoned IRO and its Oakland County APN is 22-08-327-016. This executive office space presents a unique opportunity for businesses seeking a high-profile location with excellent accessibility and ample parking in a thriving corporate park. The address is 48797 Alpha Dr, Wixom, MI 48393.

Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 2000
Total area 40,000 SF
Lot 4.24 ac (184,694 SF)
Zoning code IRO
APN 96-22-08-327-016
UPID US43-1337574

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
  • General Contractor
  • Logistics Company Freight Service

Location

48797 Alpha Dr Wixom, MI 48393
Wixom metro Census 133102 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$3.61M

Owner & transaction history

since 2015
3 recorded transactions
2015
$3.6M
2014
Price N/A
1969
Price N/A

Zoning & alternative use

IRO · Wixom, MI
Zoning description

The IRO industrial research office district is designed to provide for uses that are office or research type or industrial uses that have limited impact outside of the industrial building

General category INDUSTRIAL

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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