For Sale
4253 OTTER LAKE Road, Otter Lake, MI 48464
$5,750,000
MLS # 20240090184 (Realcomp)
Built 2019128.1 acres
1 / 20
Listing Description
Immediate revenue opportunity. Whether you’re a season supply company looking to grow your business or wanting to get into the aggregate supply business, here’s a great opportunity for you of a turnkey operation. Over 128 Acres of virgin land ready for mining of topsoil, sand, gravel or stone with over 10 tons of aggregate reserves. Building, land, equipment and book of business for sale. Over 1.6M in equipment included. Building equipped with reception area, bay area for maintenance and storage, conference room, living quarters and so much more. Contact listing agent for more information or tour.
Source: SparkMLS
About this home
Listed at $5,750,000.
Property tax estimate: $5,256 per year ($438/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Tour
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size128.1 acres
Year Built2019
Location
CityOtter Lake
MunicipalityOtter Lake Vlg
Zip Code48464
CountyLapeer
School DistrictLakeville
Construction & Systems
ConstructionMetal Siding
HeatingForced Air, Radiant
WaterWell
Sale & Financing
Listed12/4/2024
Source: SparkMLS
Tax Information
Annual Tax$5,256
Parcel #01301000400
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Steven W Melchor
Berkshire Hathaway HomeServices Michigan Real Est
Frequently Asked Questions about 4253 OTTER LAKE Road, Otter Lake, MI 48464
Which school district serves 4253 OTTER LAKE Road, Otter Lake, MI 48464?
Per MLS# 20240090184, 4253 OTTER LAKE Road, Otter Lake, MI 48464 is in the Lakeville boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lakeville directly to confirm enrollment eligibility.
What are the property taxes at 4253 OTTER LAKE Road, Otter Lake, MI 48464?
Per public tax records, annual property taxes for this property are $5,256. 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, 4253 OTTER LAKE Road, Otter Lake, MI 48464 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 4253 OTTER LAKE Road, Otter Lake, MI 48464 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 4253 OTTER LAKE Road, Otter Lake, MI 48464?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Well. 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 Otter Lake Vlg police department or the Lapeer County sheriff's office.
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Monthly payment$37,294
Principal & interest$37,294
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
4253 OTTER LAKE Road, Otter Lake, MI 48464
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Municipality
Marathon Township
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