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    OFF-MARKET
    Commercial real estate

    11464 Enchanted Dr, Frederic, MI 49733

    2.86 ac lot
    Property ID
    US43-3318751
    Property summary
    AI-generated overview

    This exceptional 2.86-acre commercial land parcel in Frederic, Michigan, presents a unique investment opportunity. Boasting stunning views of Guthrie Lake and a portion of the Enchanted Forest Property Owners Association, this property offers unparalleled natural beauty. The land comprises two large, gently sloping lots, ideal for constructing a walkout building, maximizing the picturesque landscape. Enjoy convenient access to a shared sandy beach, park, pool, and clubhouse, providing recreational amenities for residents or potential clientele. The property's location on a paved county-maintained road ensures easy accessibility, while high-speed internet availability caters to modern business needs. Its proximity to state land and ATV trails adds to its appeal, attracting outdoor enthusiasts. Situated in Otsego County, Michigan, with a 49733 zip code, this property is located at 11464 Enchanted Drive. The asking price for this remarkable commercial land is $10,499. This is an exceptional opportunity to develop a business in a desirable location with stunning natural surroundings and convenient amenities.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.86 ac (124,582 SF)
    UPID US43-3318751
    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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