Property profile

0 Frost Rd Hemlock, MI 48623

OFF-MARKET
Land
10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre commercial parcel in Freeland, Michigan, presents a rare development opportunity. Located at 0 Frost Rd, with APN 28123104004001, this property is priced at $249,900, translating to $24,990 per acre. The land is conveniently situated just minutes away from a variety of amenities, including shopping centers, golf courses, parks, Apple Mountain Ski Resort, and Leaman's Green Applebarn, offering residents and businesses easy access to recreational activities and everyday conveniences. The property boasts the significant advantage of readily available utilities at the roadside, including public water and natural gas hookups, simplifying the development process. Furthermore, the lot is divisible, providing flexibility for various development plans to suit individual needs and project scopes. This presents a unique chance to acquire a substantial piece of land in a desirable location, ideal for a range of commercial ventures. The combination of prime location, utility access, and divisibility makes this a highly attractive investment opportunity in Saginaw County. Don't miss this chance to secure this exceptional commercial land.

Property profile

Verified
Property type Land
Lot 10 ac (435,600 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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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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