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    33042 Garfield Rd Fraser, MI 48026

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    For Sale
    $999,000

    15,774 SF building on 1.25 acres for redevelopment.

    Property size:
    15,774 SF
    Lot size:
    1.26 Acres

    Property Features for 33042 Garfield Rd

    General Information

    Size
    15,774 SF
    Lot size
    1.26 Acres

    Source: Landmark Commercial Real Estate Services Agent Louis Ciotti

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fraser Redevelopment Opportunity on Garfield

    The property, formerly Fraser Star Lanes, encompasses approximately 15,774 square feet on a 1.25-acre lot. It fronts onto Garfield Road, providing high traffic counts and exposure. The site has curb cut access from both Garfield Road and 14 Mile Road. The property presents redevelopment potential and could be converted into a retail complex, entertainment venue, community center, or mixed-use development. Bowling leagues remain in place until March 2026.
    Insight Report Location Intelligence

    Current Use by Public Records

    Fraser Star Lanes Bowling Alley

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fraser
    County
    Macomb
    State
    Michigan
    Longitude
    -82.949193
    Latitude
    42.540778

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    FAQs

    What type of property is this?
    Bowling alley - 15,774 SF building on 1.25 acres for redevelopment.
    Where is this bowling alley located?
    The property is located at 33042 Garfield Rd Fraser, MI.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - High traffic location on busy Garfield Rd with curb cut access from both Garfield Rd and 14 Mile Rd.; - Expansive 1.25-acre lot with approximately 15,774 sq ft building, offering significant redevelopment potential.; - Adaptable commercial asset suitable for retail, entertainment, community center, or mixed-use development.
    (248) 488-2620
    Request Owner's contact information
    33042 Garfield Rd Fraser, MI 48026
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    Fraser, MI 48026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33042 Garfield Rd Fraser, MI 48026
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