17689 Masonic Fraser, MI 48026
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CN · Fraser, MIFraser. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.