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    Otter Lake, MI
    Agricultural

    Otter Lake, MI Agricultural Land / Farmland for Sale

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    Millington, MI Otisville, MI Columbiaville, MI
    128 Acres of Mining Land
    Updated: Dec 10, 2024
    128 Acres of Mining Land

    4253 Otter Lake Rd, Otter Lake, MI 48464

    $5,750,000
    6,900 sqft · 128.00 AC lot
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Vassar Land Approved for Cannabis
    Vassar Land Approved for Cannabis

    6830 Sandy Ridge, Vassar, MI 48768

    $255,000
    7.35 AC lot

    7.35 acres approved for cannabis cultivation in Vassar, MI.

    View details
    Mayfield Twp Land For Sale
    Mayfield Twp Land For Sale

    Lapeer, MI 48446

    $162,240
    24.96 AC lot

    24.96 acres of vacant land in Mayfield Twp, Michigan.

    View details
    Mayfield Twp Vacant Land
    Mayfield Twp Vacant Land

    Lapeer, MI 48446

    $65,000
    10.00 AC lot

    10 acres of vacant land with woods.

    View details
    30 Acre Vassar Township Lot
    30 Acre Vassar Township Lot

    5318 Brown Rd, Vassar, MI 48768

    Contact for pricing
    30.00 AC lot

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

    View details

    Otter Lake, MI Agricultural Land / Farmland Market Trends and Statistics

    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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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Otter Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48464 $5.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $21.15 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lapeer County

    New Delisted

    Total CRE Inventory on Market (SF)

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