Property profile

32615 Utica Rd Fraser, MI 48026

OFF-MARKET
Office buildings
Property ID
US43-1421842
1,680 SF 0.18 ac lot Built 1975
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Total area 1,680 SF
Lot 0.18 ac (7,841 SF)
Zoning code CN
APN 03-14-06-227-022
UPID US43-1421842

Cap rate & NOI

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

Location

32615 Utica Rd Fraser, MI 48026-2213
Fraser metro Census 254200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2024
Last sale
$155,000
3 recorded transactions
2024
$210,000
2024
$155,000
2005
Price N/A

Zoning & alternative use

CN · Fraser, MI
Zoning description

Sec. 32-133. - Commercial neighborhood district, CN. The CN commercial neighborhood district is designated to meet the day-to-day convenience shopping and service needs of persons residing in adjacent residential areas.…

General category COMMERCIAL

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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