Property profile

0 Frost Rd Hemlock, MI 48623

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Frost Rd Hemlock, MI 48623
Hemlock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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