Residential

Otter Lake, MI Residential Land & Home Lots for Sale

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Lapeer, MI Millington, MI Otisville, MI Columbiaville, MI Fostoria, MI Lake, MI Benton Harbor, MI Mayville, MI
Vacant Land, Marathon Twp, MI
Updated: Sep 8
Vacant Land, Marathon Twp, MI

Otter Lake, MI 48464

$50,000
3.05 AC lot
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Land
Updated: Aug 21
Land

Otter Lake, MI 48464

$45,000
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Otter Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Land
Land

625 W Main St, Otisville, MI 48463

$174,900

Recreation land

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Wooded Lot for Dream Home
Wooded Lot for Dream Home

7120 North Oak Road, Davison, MI 48423

$119,000
237,877 sqft

Beautiful wooded lot with mature trees and nature preserve views.

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Wooded Lot for Dream Home
Wooded Lot for Dream Home

7120 N Oak Road, Davison, MI 48423

$119,000
5.46 AC lot

5.46 acre wooded lot near 93-acre nature preserve.

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Wooded Lots Ready to Build
Wooded Lots Ready to Build

S State St, Otisville, MI 48463

Contact for pricing

Side-by-side wooded lots near country club, seller financing available.

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Otter Lake, MI Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Otter Lake, MI on our real estate platform. These investment opportunities span a total of 132,858 square feet of properties for sale, with an estimated market value of $95,000.

Sale prices for home sites in Otter Lake, MI start at $45,000, averaging $47,500, and reaching up to $50,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Waterfront Land 2
Residential land & home lots 1

Demographics Overview

Population 1,986
Population Growth (5Y) -8.6%
Median Household Income $64,464
College Educated 22.3%

High-Yield Neighborhoods for Investment

Identify Otter Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48464 $24.1K

Taxes & Financing

Tax Rate (average for all types) 3.15%
Property Tax per SF $21.15 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lapeer County

New Delisted

Total CRE Inventory on Market (SF)

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