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Property profile & analytics
OFF-MARKET
Land

0 Utica Rd Fraser, MI 48026

0.2 ac lot
Property ID
Property summary
AI-generated overview

This vacant 0.2-acre commercial/residential lot in Fraser, Michigan, presents a unique investment opportunity. Located on Utica Road, it boasts high visibility due to significant traffic volume. The property is conveniently situated in Macomb County, with the address being 0 Utica Road, zip code 48026. Measuring approximately 53 x 150 feet, the lot offers ample space for development. All essential utilities are readily available, including city water, sewer, storm sewer, electricity, gas, curb, paved sidewalks, and street access. The current zoning is CN, but the city of Fraser is open to rezoning requests for residential use, providing flexibility for various development plans. The asking price is $35,000, making it an attractive entry point for investors seeking to capitalize on the thriving Fraser community. A survey is available for review. This property offers a compelling chance to build a commercial venture or pursue residential development.

Property profile
Verified
Property type Land
Lot 0.2 ac (8,712 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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