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Property profile & analytics
FOR SALE
Commercial land

17689 Masonic Fraser, MI 48026

0.39 ac lot
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US43-0095788
Property summary
AI-generated overview

This exceptional 1-acre commercial lot, located at 17689 Masonic in Fraser, Michigan (zip code 48026, APN 14-05-178-003), presents a remarkable redevelopment opportunity. The property boasts a desirable location with excellent frontage on Masonic, offering high visibility and accessibility. Zoned for commercial use, this parcel is ideal for a variety of development projects. The land itself is described as clear and level, simplifying site preparation and construction. All necessary utilities are readily available, eliminating significant infrastructure hurdles. This makes it an attractive investment for developers seeking a straightforward and well-situated building site. The asking price for this prime commercial land is $200,000. The property's convenient location in Macomb County, Michigan, offers easy access to major transportation routes and a thriving local market. This is a rare opportunity to acquire a ready-to-develop commercial lot in a highly sought-after area. Don't miss out on this chance to build your next successful venture.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.39 ac (16,988 SF)
Zoning code CN
APN 03-14-05-251-007
UPID US43-0095788
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
17689 Masonic LLC · 18 yrs held
17689 Masonic LLC
since 2007
1 recorded transaction
2007
$3,920
Zoning & alternative use
CN · Fraser, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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