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128 Acres Mining Land Opportunity
For Sale
$5,750,000

4253 OTTER LAKE Rd, Otter Lake, MI 48464

Turnkey mining operation with land, equipment, and business.

Property SizeContact for details
Lot Size128.10 Acres
Days on Market165

Property Features for 4253 OTTER LAKE Rd

General Information

Standard status Active
Lot size 128.10 Acres
Property subtype Commercial

Building Details

Year Built 2019
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate Grand Rapids
Listed By: Steven W Melchor · License #6501362283
Source: Elliman
Added: Mar 10 Changed: Jul 6 Last Checked: Aug 20 at 9:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Michigan Real Estate Grand Rapids

Investment Insights

Based on property information with market context.

This is an opportunity to acquire a turnkey operation on over 128 acres of land suitable for mining topsoil, sand, gravel, or stone, with over 10 tons of aggregate reserves. The sale includes the building, land, equipment, and book of business. The equipment is valued at over $1.6 million. The building features a reception area, a bay area for maintenance and storage, a conference room, and living quarters. This property presents an immediate revenue opportunity for an established supply company seeking expansion or for those looking to enter the aggregate supply business.

Key Highlights

  • Over 128 acres of virgin land with over 10 tons of aggregate reserves for mining.
  • Turnkey operation including building, land, equipment, and book of business.
  • Over $1.6M in equipment included.

Property Analytics

Current Use

Mining land & claims

Suggested Use

Top Pick Real Estate Agency Daycare Center Pet Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 48464, MI

2,077
Population
1,101
Households
1.9
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
17.0 sq mi
ZIP Area
122
Density / Sq Mi
$64,464
Median Household Income
$40,526
Median Earnings
$1,367
Median Rent
$186,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mining land & claim - Turnkey mining operation with land, equipment, and business.
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: Over 128 acres of virgin land with over 10 tons of aggregate reserves for mining.; Turnkey operation including building, land, equipment, and book of business.; Over $1.6M in equipment included.
More about this property
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