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    4253 Otter Lake Rd Otter Lake, MI 48464

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    For Sale
    $5,750,000

    Turnkey mining operation with equipment and aggregate reserves for sale.

    Lot size:
    128.10 Acres

    Property Features for 4253 Otter Lake Rd

    General Information

    Lot size
    128.10 Acres

    Building Details

    Year built
    2019

    Source: Berkshire Hathaway HomeServices Michigan Real Est Agent Steven W Melchor

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

    Overview

    128 Acres Mining Land Opportunity

    This is a turnkey operation offering an immediate revenue opportunity. The property features over 128 acres of virgin land suitable for mining topsoil, sand, gravel, or stone, with over 10 tons of aggregate reserves. Included in the sale are the building, land, equipment, and book of business. The equipment is valued at over $1.6 million. The building includes a reception area, a bay area for maintenance and storage, a conference room, and living quarters.
    Location Intelligence

    Current Use by Public Records

    Mining Land & Claims

    Suggested Use

    Realty agency Daycare Center Travel Agency Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Otter Lake
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.40042
    Latitude
    43.217243

    Nearby Similar for Sale

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    • $190,000
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      Diner and Ice Cream Shop

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    • $5,750,000
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      Otter Lake Industrial Complex

      Turnkey Mining Operation, 128 Acres
      4253 Otter Lake Rd, Otter Lake, MI 48464
      View Details

    FAQs

    What type of property is this?
    Mining Land / Claim - Turnkey mining operation with equipment and aggregate reserves for sale.
    Where is this mining land / claim located?
    The property is located at 4253 Otter Lake Rd Otter Lake, MI.
    What is the asking price?
    The asking price for this property is $5,750,000.
    What are key features of this property?
    This property features: - Immediate revenue opportunity with a turnkey aggregate supply operation.; - Over 128 acres of virgin land with substantial aggregate reserves (over 10 tons).; - Includes over $1.6M in equipment.
    (810) 629-0680
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    4253 Otter Lake Rd Otter Lake, MI 48464
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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
    4253 Otter Lake Rd Otter Lake, MI 48464
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