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    34195 Riviera Dr Fraser, MI 48026

    Sponsored
    For Sale
    $1,225,000

    15,440 SF Industrial Warehouse For Sale

    Property size:
    15,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 15,440-square-foot industrial warehouse, located at 34195 Riviera Dr, Fraser, MI 48026, is offered for sale at $1,225,000 ($79.34/sq ft). Built in 1977, this property sits on one acre and is zoned IR- Industrial Restricted. The warehouse features two units: Unit A, approximately 12,265 square feet, includes a 1,375-square-foot second-story office with separate access

    Property Features for 34195 Riviera Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    15,440 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1977

    HighLights

    • 15,440 SF industrial building for sale in the 15 Mile & Groesbeck Industrial Corridor.
    • Unit A: ±12,265 SF with ±1,375 SF second‑story office, separate access.
    • Unit B: ±3,175 SF, month‑to‑month lease, separately metered.
    • 440v, 3‑phase power.
    • Buss ducts, air lines, and floor drains.
    • Two paint booths and three car lifts available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Fraser
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9393967
    Latitude
    42.5482125

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    FAQs

    What type of property is this?
    Distribution property - 15,440 SF Industrial Warehouse For Sale
    Where is this distribution property located?
    The property is located at 34195 Riviera Dr Fraser, MI.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: 15,440 SF industrial building for sale in the 15 Mile & Groesbeck Industrial Corridor.; Unit A: ±12,265 SF with ±1,375 SF second-story office, separate access.; Unit B: ±3,175 SF, month-to-month lease, separately metered.
    Request Owner's contact information
    34195 Riviera Dr 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
    34195 Riviera Dr Fraser, MI 48026
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