0 Frost Rd Hemlock, MI 48623
This exceptional 2-acre commercial land parcel presents a rare opportunity in Saginaw County, Michigan. Located at 0 Frost Road, Freeland, MI 48623 (APN 28123104004001), this property is priced at $49,900, representing a value of $24,950 per acre. The land is zoned for commercial use and offers significant potential for various development projects. Conveniently situated, it provides easy access to nearby amenities, including shopping centers, golf courses, parks, and recreational attractions such as Apple Mountain Ski Resort and Leaman's Green Applebarn. Utilities are readily available at the roadside, including public water and natural gas connections, simplifying the development process. The property's size allows for potential subdivision, offering flexibility for tailored development plans. This is an ideal location for businesses seeking a prominent presence in a thriving community. The asking price makes this a highly attractive investment opportunity for those seeking a strategic land acquisition in a desirable Michigan location. Don't miss this chance to secure this valuable commercial land parcel.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.