48200 Alpha DrWixom, MI 48393

  • Industrial land
  • 47.17 AC

Property Details for 48200 Alpha Dr

Lot size
47.17 AC
Zone code
IRO
Property type
Industrial land
APN
96-22-08-426-034
APU
962208426034

Description

This exceptional 28.49-acre industrial land parcel presents a rare opportunity in Wixom, Michigan. Strategically located along the highly sought-after I-96 corridor, this property offers unparalleled access to major transportation routes and essential services. The site boasts IRO zoning, allowing for a variety of industrial uses, and all utilities are conveniently located on-site. The seller is willing to consider dividing the parcel, making it suitable for both large-scale and smaller development projects. This prime location provides immediate access to I-96, ensuring seamless logistics and efficient transportation. A significant advantage is the availability of tax abatement, offering potential cost savings for future development. The total asking price for this exceptional 28.49-acre site is $7,122,500, at a price of $250,000 per acre. Comprehensive due diligence materials are readily available for review. This is one of the last remaining frontage properties along this section of I-96, representing a truly unique investment opportunity. Don't miss this chance to secure a prime piece of industrial real estate in a thriving Michigan market. The property is located at 48200 Alpha Dr, Wixom, MI 48393, within Oakland County. The total acreage of the larger parcel is 47.17 acres.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $402,611,744
    Hospitality
    $368,790,208
    Educational
    $306,829,120
    Medical
    $317,381,440
    Retail
    $477,289,728

Location Insight

City
Wixom
County
Oakland
State
Michigan
Latitude
42.4987
Longitude
-83.5238
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,791
-
-
$493,130
-
-
-
$986,260

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