Property profile

50322 Dennis Ct Wixom, MI 48393

OFF-MARKET
Warehouses
Property ID
US43-1181055
18,000 SF 3.51 ac lot Built 2007
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Total area 18,000 SF
Lot 3.51 ac (152,896 SF)
Zoning code M-1
APN 96-17-31-352-006
UPID US43-1181055

Cap rate & NOI

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

Location

50322 Dennis Ct Wixom, MI 48393-2025
Wixom metro Census 133001 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
by Request
Comparable Approach Comparable
$2.31M
Blend (final) Blend
$2.11M

Owner & transaction history

since 2007
5 recorded transactions
2017
Price N/A
2007
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M-1 · Wixom, MI
Zoning description

The M-1 light industrial district is designed primarily to accommodate research and development, corporate office and light industrial uses, including wholesale activities, warehouses and industrial operations whose exte…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $3.2M +130.7%
Restaurant $3.1M +126.7%
Retail stores $3.0M +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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