Property profile

Sherman Dr Otter Lake, MI 48464

OFF-MARKET
Commercial land
Property ID
US43-4334708
40.64 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 40.64 ac (1,770,278 SF)
APN 047-636-001-00
UPID US43-4334708

Cap rate & NOI

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

Location

Sherman Dr Otter Lake, MI 48464
Otter Lake metro Census 331000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k

Owner & transaction history

since 2023
Last sale
$600,000
1 recorded transaction
2023
$600,000

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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