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    OFF-MARKET
    Industrial land

    51233 Grand Riv Ave, Wixom, MI 48393-3333

    5.97 ac lot
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1037162
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 51233 Grand River Ave, Wixom, MI 48393, offers a prime build-to-suit opportunity. Situated on a 6.47-acre lot with 455 feet of Grand River Avenue frontage, this site provides excellent visibility and signage potential. The property is zoned for Office and Research (IRO) and Planned Unit Development (PUD) districts, allowing for flexibility in development. The building will encompass 60,000 to 120,000 square feet, designed to meet specific tenant requirements. Features include multiple truckwells and drive-in loading doors for efficient operations. The office space will be customized to the tenant's specifications. Ample parking is available, accommodating 150 to 275 vehicles. The property boasts robust power capabilities, with a 1,000 amp/480-volt service. This single-tenant industrial space is ideal for manufacturing or warehousing needs in Oakland County, Michigan. The location offers easy access to major transportation routes, enhancing logistical efficiency. This is a rare opportunity to develop a custom-built facility in a highly desirable location.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 5.97 ac (260,053 SF)
    Zoning code IRO
    APN 96-22-07-351-020
    UPID US43-1037162
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Benzing Schoolcraft LLC · 6 yrs held
    Benzing Schoolcraft LLC
    since 2019
    3 recorded transactions
    2019
    1969
    1969
    Zoning & alternative use
    IRO · Wixom, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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