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Assemblage W. 12 Mile Rd. & Sam's Way

2 Land Properties Offered at £5,287,275 in Wixom, MI

Investment Highlights

  • I-96 Frontage with Multiple Access Points from Sam’s Way & W. 12 Mile Rd
  • 129,000 Daily Traffic Count on I-96
  • 21,000 Daily Traffic Count on Grand River Avenue
  • Located in a Wixom Opportunity Zone
  • 32,000 Daily Traffic Count on Wixom Rd.
  • Auto Dealership Assemblage

Executive Summary

10.541 Acre Assemblage for Sale. Each lot can be purchased individually or together as an assemblage. Parcel 22-08-376-033; Freeway Service for 800 Sam's Way and B-3 Zoning for 48850 W. 12 Mile Rd.
Located in the Wixom Opportunity Zone and eligible for capital gains tax incentives.
Existing industrial building deemed to be 15,900 sf (including concrete mezzanine) that may be repurposed. Ideal retail location. I-96
Signage. 165’ of frontage from Grand River. Close to I-96/Wixom Rd interchange. 330’ freeway frontage, with a fenced yard which which encloses the entire 5.62 acres at 48850 W. 12 Mile. Zoning permits outdoor display for sales. Local retailers include: Target, General RV, Menards and numerous food services.
48850 W. 12 Mile Rd. City of Wixom B-3 General Business District Permitted Uses: Retail businesses and shopping centers, Drive Through Restaurant, Outdoor display and sales accessory to a permitted retail business, such as nurseries and home improvement items, Standard sit-down restaurants and taverns, outdoor seating, open front windows, Carry-out restaurants, Drive-in restaurants, Drive-through restaurants, Cocktail lounges/night clubs, Banquet halls, Dry cleaning, Central dry cleaning plants, Hotel, Motel, Funeral homes and mortuary establishments, barber shops, beauty shops and health salons, Pet grooming and training, Self-service laundry establishments, Retail Showroom, Car Wash, Auto Wash, Automobile rental, Automobile sales or showrooms, Motorcycle, snowmobile and ATV sales or showrooms, Office, Banks, credit unions, retail office supplies, Data processing and computer centers, 24-hour emergency medical clinics, Hospitals, Medical offices and dental offices and clinics, Accessory retail uses customarily related to another permitted medical use, such as but not limited to: a pharmacy, stores limited to corrective garments or bandages, or optical services, Day care centers for children or the elderly, Veterinary clinics, not including animal boarding, Pharmacy, Business schools and colleges, Churches and other places of worship, Large-scale institutional uses, churches and other places of worship with a seating capacity of 1,500 people or more or parking for 500 vehicles or more, Publicly owned utility building, Bowling alleys, billiard halls, indoor archery ranges, indoor tennis courts, indoor soccer facilities, indoor skating rinks or similar forms of indoor commercial recreation, Health clubs, Social Clubs, Theaters, assembly halls, concert halls, Consignment, Pawnshops, Precious Metals Dealer, Service establishments of an office, showroom or workshop nature of an electrician, decorator, dressmaker, tailor, baker, painter, upholsterer or an establishment doing home appliance/electronic repair, photographic reproduction, Small engine and equipment repair for lawn mowers, snow blowers and other home maintenance equipment, Tool and equipment rental, which may include outdoor storage, but excluding vehicle rentals, Minor automotive repair businesses such as muffler shops, shock absorber replacement shops, tire stores and minor engine repair shops, Recreational vehicle, boat and mobile home sales, Nursing homes and convalescent homes, Publicly owned utility buildings, telephone exchange buildings, electric transformer stations and substations, gas regulator stations and water and sewage pumping stations (without storage yards), Amusement arcades which provide space for patrons to engage in playing of mechanical amusement devices or similar activities
800 Sam's Way City of Wixom FS Freeway Service District Permitted Uses: Retail businesses and shopping centers, Carry-out restaurants, Drive-through restaurants, Dry cleaning, Central dry cleaning plants, barber shops, beauty shops and health salons, Automobile Sales Showroom, Automobile rental, Banks, credit unions, retail office supplies, Data processing and computer centers, 24-hour emergency medical clinics, Nursing homes and convalescent homes, Day care centers for children or the elderly, Business schools and colleges, Publicly owned utility building, Bowling alleys, Billiard halls, indoor archery ranges, indoor tennis courts, indoor soccer facilities, indoor skating rinks or similar forms of indoor commercial recreation, Bar, Tavern, Restaurant, Night Club, Banquet hall, Car Wash, Auto Wash, Gas Service Station, Tire Center, Shock Absorber, Hospital, Pharmacy, Medical Supplies, Optical

Property Facts

Price £5,287,275
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Land Area 10.41 AC

Properties

Property Name / Address Property Type Land AC Land SF Individual Price
800 Sam's Way Dr, Wixom, MI 48393 Land 4.79 AC 208,652 SF £2,438,804
48850 W 12 Mile Rd, Wixom, MI 48393 Land 5.62 AC 244,807 SF £2,861,395
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  • Listing ID: 29752728

  • Date on Market: 10/10/2023

  • Last Updated:

  • Address: Assemblage W. 12 Mile Rd. & Sam's Way, Wixom, MI

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