For Sale
350 Fremont Street, Bloomfield Hills, MI 48302
$2,300,000
MLS # 20261018314 (Realcomp)
6 acres
1 / 20
Listing Description
Investors, here is your opportunity to own the only undeveloped land in the Bloomfield - Bloomfield hills area. This 4 parcel, 6.5-acre, property located on Fremont st right off of Franklin rd features 3 houses, a private road, and sits adjacent to the proposed multi-million-dollar Bloomfield Hollow project! With commercial zoning c3 already in place, the opportunities are endless! Sale includes 424, 374, 362, & 350 Fremont St. The property is already generating over $6000/month! 350 Fremont is already zoned and being used as commercial truck parking and generating $3000 per month. 424 Fremont has 2br 1ba with basement and is generating $1650/month. 374 Fremont has 4br 3.5ba and has the potential to fetch $3000/month. 362 Fremont has 3br and 2ba and generating $1750/month. Residential and commercial tenants can stay, making this a cash flowing property day 1 or the property can be delivered totally vacant and ready for redevelopment asap! The proposed 30,000 sq ft event venue is slated to break ground this year and will bring variety of upscale events and patrons to the area and will make this property a perfect place for a potential hotel, restaurant, condominiums, or mixed-use development. Act now and act fast and be the first to capitalize on this potential multi-million-dollar high yield investment!
Source: SparkMLS
About this home
Currently offered at $2,300,000.
Annual property taxes run approximately $1,138 ($95/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size6 acres
Location
CityBloomfield Hills
MunicipalityBloomfield Twp
Zip Code48302
CountyOakland
School DistrictPontiac
Sale & Financing
Listed3/21/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$3,990
State Equalized Value$30,600
Taxable Value$28,010
Parcel #1904301008
Source: Public Records
Legal Description
T2N, R10E, SEC 4 SUPERVISOR'S PLAT NO.1 LOT 23, ALSO N 1/2 VAC LOT 29 ADJ TO SAME 1-5-2021 CORR
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Charvez C Miles
C Miles Realty LLC
Frequently Asked Questions about 350 Fremont Street, Bloomfield Hills, MI 48302
Which school district serves 350 Fremont Street, Bloomfield Hills, MI 48302?
Per MLS# 20261018314, 350 Fremont Street, Bloomfield Hills, MI 48302 is in the Pontiac boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Pontiac directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261018314, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 350 Fremont Street, Bloomfield Hills, MI 48302?
Per public tax records, annual property taxes for this property are $3,990. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 350 Fremont Street, Bloomfield Hills, MI 48302 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 350 Fremont Street, Bloomfield Hills, MI 48302 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 350 Fremont Street, Bloomfield Hills, MI 48302?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$1,138
Monthly$95
Millage rate37.1874 mills
Municipality: CHARTER TOWNSHIP OF BLOOMFIELD
School district: BIRMINGHAM CITY SCHOOL DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$15,013
Principal & interest$14,918
Property taxes$95
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
350 Fremont Street, Bloomfield Hills, MI 48302
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Municipality
Bloomfield Township
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County
Oakland County
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