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2120 N Wixom Rd - Wixom Rd.
3.25 Acres of Commercial Land Offered at $699,000 in Wixom, MI 48393
INVESTMENT HIGHLIGHTS
- Perfect opportunity for a residential or mixed-use development
- Located at the Commerce Twp/Wixom border
- Dramatic recent price reduction
- Consent judgment approved for office/bank user
- Surrounded by new neighborhood developments
- Strong demographics
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2021) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$4,661
|
$1,434.15
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,661
|
$1,434.15
|
FINANCIAL SUMMARY (ACTUAL - 2021)
| Taxes | |
|---|---|
| Annual | $4,661 |
| Annual Per AC | $1,434.15 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $4,661 |
| Annual Per AC | $1,434.15 |
PROPERTY FACTS
| Price | $699,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Lease Option | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.25 AC |
| Price | $699,000 |
| Sale Type | Investment |
| Sale Condition | Lease Option |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.25 AC |
1 LOT AVAILABLE
Lot 1
| Price | $699,000 | Lot Size | 3.25 AC |
| Price Per AC | $215,076.92 |
| Price | $699,000 |
| Price Per AC | $215,076.92 |
| Lot Size | 3.25 AC |
Perfect opportunity for residential or mixed-use development. Previously approved site for 26,000 SF office/bank development at the corner of N Wixom Rd and Loon Lake Rd. Land Lease Available
DESCRIPTION
Perfect opportunity for residential or mixed-use development. Previously approved site for 26,000 SF office/bank development at the corner of N Wixom Rd and Loon Lake Rd. Land Lease Available. Located at a busy corner of the Commerce Twp / Wixom border.
PROPERTY TAXES
| Parcel Number | 17-29-101-001 | Total Assessment | $382,240 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | $4,661 |
| Improvements Assessment | $0 (2024) | Tax Year | 2021 |
PROPERTY TAXES
ZONING
| Zoning Code | RA-1 (Residential) |
| RA-1 (Residential) |
Presented by
2120 N Wixom Rd - Wixom Rd.
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