Property profile

31097 Fraser Dr Fraser, MI 48026

OFF-MARKET
Flex space
Property ID
US43-0113258
6,806 SF 0.75 ac lot Built 1962
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1962
Total area 6,806 SF
Lot 0.75 ac (32,670 SF)
Zoning code IR
APN 03-14-06-476-031
UPID US43-0113258

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer
  • Roofing Company General Contractor

Location

31097 Fraser Dr Fraser, MI 48026-2504
Fraser metro Census 254200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2021
Last sale
$345,000
4 recorded transactions
2021
Price N/A
2018
$345,000
2018
$250,000
2014
Price N/A

Zoning & alternative use

IR · Fraser, MI
General category INDUSTRIAL

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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