Property profile

54001 Grand Riv Ave New Hudson, MI 48165

OFF-MARKET
Retail space
Property ID
US43-1558885
1,640 SF 0.7 ac lot Built 1946
Entity Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • General Contractor
  • Garden Center Hardware & Home Improvement

Location

54001 Grand Riv Ave New Hudson, MI 48165-8514
New Hudson metro Census 138600 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
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2025
Last sale
$650,000
3 recorded transactions
2025
$650,000
2025
$250,000
2016
Price N/A

Zoning & alternative use

II · New Hudson, MI

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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