This 1.56-acre parcel in the City of Fraser offers a rare shovel-ready residential development opportunity with all city approvals in place. The site has received zoning and site plan approval for the construction of seven (7) two-unit condominium buildings, totaling 14 individual condo units.The property provides an ideal opportunity for a developer or builder to move forward quickly with construction. All architectural drawings and design plans have been completed and approved. The approved site plan incorporates parking, green space, and the potential for added amenities, creating an attractive community layout designed for livability and long-term value. This property represents a turnkey, infill development within a well-established Fraser neighborhood, surrounded by schools, shopping, and major commuter routes. With the groundwork already completed, developers can focus on construction and marketing, not red tape. Whether you are a residential developer, builder, or investment group seeking a medium-density project in a desirable Macomb County location, this offering stands out as a ready-to-build opportunity with strong potential for profitability and buyer appeal.
Lot/land
$395,000
33420 Utica Rd, Fraser, MI 48026
--beds
--baths
1.56Acres
Land
Built in ----
1.56 Acres Lot
$189,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 110 days |
- 114 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: January 16, 2026 at 09:09am
Listed by:
Christopher Bury 586-580-8092,
REALTEAM Real Estate 586-580-8092,
Jason Salem 269-568-8088,
REALTEAM Real Estate
Source: Realcomp II,MLS#: 20251042939
Facts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Lot
- Size: 1.56 Acres
- Dimensions: 120 x 250
Details
- Parcel number: 1131427003
- Zoning description: Commercial, MultiFamily, Residential
- Special conditions: Short Sale No,Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: A/P # 03 FRASER
Location
- Region: Fraser
Financial & listing details
- Tax assessed value: $49,941
- Annual tax amount: $3,341
- Date on market: 10/6/2025
- Cumulative days on market: 271 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$189,500
$159,000 - $218,000
$1,959/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Listed for sale | $395,000-6% |
Source: | ||
| 9/8/2025 | Listing removed | $420,000 |
Source: | ||
| 4/3/2025 | Listed for sale | $420,000 |
Source: | ||
| 3/23/2025 | Listing removed | $420,000 |
Source: | ||
| 3/20/2025 | Listed for sale | $420,000+50% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,341 +3.9% | $103,700 +4.3% |
| 2024 | $3,216 +6.7% | $99,400 +9.4% |
| 2023 | $3,014 +1% | $90,900 +9.5% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 48026
Nearby schools
GreatSchools rating
- 6/10Thomas A. Edison Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 6/10Richards Middle SchoolGrades: 7-8Distance: 0.4 mi
- 9/10Fraser High SchoolGrades: 9-12Distance: 0.6 mi









