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    Otter Lake, MI
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    Otter Lake, MI Agricultural Land / Farmland for Sale

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    Millington, MI Otisville, MI Columbiaville, MI
    128 Acres of Mining Land
    $5,750,000
    6,900 SF

    128 Acres of Mining Land

    4253 Otter Lake Rd, Otter Lake, MI 48464

    Turnkey mining operation with building, equipment, and aggregate reserves.

    • Turnkey aggregate supply business opportunity with immediate revenue potential.
    • Over 128 acres of virgin land with over 10 tons of aggregate reserves.
    • Includes over $1.6M in equipment.
    • Sale includes building, land, equipment, and book of business.
    • Building includes reception area, bay area for maintenance/storage, conference room, and living quarters.
    Updated: Dec 10, 2024
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Otter Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Land in Crooked Creek
    $59,900

    Land in Crooked Creek

    Seven acres of land zoned for agricultural and residential use.

    Crooked Creek, Vassar, MI 48768
    View details
    116 Acres Open Ground Farmland
    $674,000
    116.00 Acres

    116 Acres Open Ground Farmland

    116 acres of open ground near Lapeer, Michigan.

    1010 Daley Rd, MayfieldTownship_, Lapeer, MI 48446
    View details
    Lapeer Cultivation Approved Land
    $480,000
    5.38 Acres

    Lapeer Cultivation Approved Land

    5.378 acre property pre-approved for medical marijuana cultivation.

    331 Demille Road, Lapeer, MI 48446
    View details
    30 Acre Vassar Township Lot
    Contact for pricing
    30.00 Acres

    30 Acre Vassar Township Lot

    30-acre lot zoned for agriculture, farm, and residential use.

    5318 Brown Rd, Vassar, MI 48768
    View details

    Otter Lake, MI Agricultural Land / Farmland Investment Opportunities Market Analysis

    Explore 1 agricultural land / farmland for sale in Otter Lake, MI on our real estate platform. These investment opportunities span a total of 6,900 square feet of properties for sale, with an estimated market value of $5,750,000.

    Sale prices for farmlands in Otter Lake, MI start at $5,750,000, averaging $5,750,000, and reaching up to $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $21.15 per sq ft
    Tax Rate (average for all types) 3.15%
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Otter Lake.

    Otter Lake Demographics Overview

    Population 1,986
    Population Growth (5Y) -8.6%
    Median Household Income $64,464
    College Educated 22.3%

    Top Neighborhoods for Investment

    Discover the areas of Otter Lake with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    48464 $194K - 5.8M $3M

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