48325 Alpha DrWixom, MI 48393

Property Details for 48325 Alpha Dr

Year built

2000

Lot size

5.24 AC

Property size (Sq ft)

48,345 SF

Zone code

IRO

Property type

Industrial properties

Property subtype

Loft space

APN

96-22-08-327-020

APU

962208327020

Description

This single-story, 48,000-square-foot Class C warehouse in Wixom, Michigan's Central I-96 Corridor offers multiple tenancy options. Built in 2000 and renovated in 2014, the property boasts 38,411 square feet of vacant space, divisible into units ranging from 4,819 to 33,588 contiguous square feet. Ceiling heights range from 12 to 16 feet. The building sits on a 5.24-acre lot and is zoned HI-TECH, providing convenient access to I-96 and Wixom Road. Located at 48325-48679 Alpha Drive, Wixom, MI 48393, this Oakland County property benefits from a prime location near four hotels, a post office, overnight delivery services, banks, gas stations, and restaurants. The property's campus-like setting offers a desirable environment for technology-based corporations. This exceptional location and flexible space make it an ideal choice for businesses seeking efficient and well-situated warehouse facilities.

• CAP approach

  CAP return

  Valuation

  6%

  $10,262,340

  6.5%

  $9,472,930

  7%

  $8,796,292

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,009,396

  Geo Method

  $7,009,396

• Alternative Use

  Use

  Valuation

  Residential

  $9,472,930

  Hospitality

  $8,677,153

  Educational

  $7,219,289

  Medical

  $7,467,572

  Retail

  $11,230,005

Location Insight

City

Wixom

County

Oakland

State

Michigan

Latitude

42.4975

Longitude

-83.5276

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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