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    OFF-MARKET
    Retail space

    54001 Grand Riv Ave, New Hudson, MI 48165-8514

    1,640 SF 0.7 ac lot Built 1946
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-1558885
    Property summary
    AI-generated overview

    This exceptional 1,324-square-foot warehouse, situated on a 0.7-acre lot in Wixom, Michigan, presents a compelling investment opportunity. Located at 54001 Grand River Ave, this property boasts convenient access to I-96, a key transportation artery. Built in 1946, the warehouse is zoned I-2 General Industrial, allowing for a variety of uses. The property includes municipal water and sewer service, eliminating the need for costly private systems. Ample parking is available with 20 spaces on-site. The property's parcel number is 21-11-251-001. This location benefits from its position in a rapidly developing area of Southeast Michigan, offering significant growth potential. The single-tenant building provides a straightforward investment with clear potential for future appreciation. The property's size and zoning make it suitable for a range of industrial businesses seeking a well-located and functional space. This is a rare opportunity to acquire a well-maintained industrial property in a prime location with excellent access to major transportation routes. The 0.7-acre lot provides ample space for expansion or future development.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1946
    Total area 1,640 SF
    Lot 0.7 ac (30,492 SF)
    Zoning code II
    APN K -21-11-251-001
    UPID US43-1558885
    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
    Current use
    Occupant on record · Public records
    • Superior Welding & Repair LLC General Contractor
    • Fletcher & Rickard Landscape Supplies Garden Center Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    by Request
    Owner & transaction history
    Miller Enterprises LLC · 1 yrs held
    Miller Enterprises LLC
    since 2025
    Last sale
    $650,000
    3 recorded transactions
    2025
    $650,000
    2025
    $250,000
    2016
    Zoning & alternative use
    II · New Hudson, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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