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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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