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    3660 S Lapeer Rd Metamora, MI 48455

    Sponsored
    For Sale
    Contact for pricing

    Quiet, cozy community; pet-friendly.

    Property size:
    980 SF

    Property Features for 3660 S Lapeer Rd

    General Information

    Property type
    Other residential income properties
    Square Feet
    980 SF
    Elevators
    N/A

    Overview

    Metamora Manufactured Homes: Ideal Villa

    Ideal Villa is a manufactured home community located in Metamora, Michigan. The community offers homes designed for all age groups, providing a tranquil setting close to local attractions and events. Residents can enjoy amenities such as off-street parking, a pet-friendly environment, and regularly scheduled community events. An online resident portal and on-site staff are available for information and support. The homes are part of the Cambio Communities collection, known for their quality construction and comfortable living spaces. Each home is approximately 980 square feet. Ideal Villa provides a relaxed lifestyle with access to local attractions and a strong sense of community. The community is open specified hours Monday, Tuesday, Thursday, Friday, Wednesday, and Saturday.

    We can help!

    Listing Contact
    Ideal Villa

    Learn more

    Property Insight Report

    HighLights

    • Pet‑friendly manufactured homes in Metamora, MI.
    • Community offers events and convenient off‑street parking.
    • Quiet, cozy community near local attractions and amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Revolutionary Booth Photography Service Ideal Villa Mobile ... Campground & RV Park

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Metamora
    State
    Michigan
    Longitude
    -83.3180351
    Latitude
    42.9510612

    Nearby Comparable

    • $3,300,000
      15,000 SF

      3420 Lapeer Rd, Metamora, MI 48455

      Industrial properties • 15,000 SF
      3420 Lapeer Rd, Metamora, MI 48455
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    • $995,000

      Prime Commercial Land Opportunity

      37-acre commercial land with extensive road frontage in Metamora.
      3400 S Lapeer Rd, Metamora, MI 48455
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    • $1,500,000
      11,136 SF

      Metamora Industrial Property: High Traffic Location

      11,000 SF Industrial Space, 8 Units, High Visibility
      4053 Lapeer Rd, Metamora, MI 48455
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    • $3,699,999
      509.00 Acres

      500+ Acres of Premium Land

      Rare opportunity: 500+ acres in southern Lapeer County, Michigan.
      3131 S Lapeer Rd, Metamora, MI 48455
      View Details
    • $579,000

      40 Acres of Recreational Land

      Large parcel ideal for recreation, hunting, or development.
      Jamestown Dr, Metamora, MI 48455
      View Details
    • $420,000

      Vacant Land with Trail System

      Expansive vacant land ideal for recreation or development.
      00 W Jamestown Dr, Metamora, MI 48455
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    • $895,000
      5,173 SF

      Metamora Industrial Corner Property

      Historic building, renovated, multiple uses
      4000 Oak St, Metamora, MI 48455
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    • $395,000
      1,558 SF

      Metamora Industrial Storefront Opportunity

      Historic building, prime location, high business potential.
      4010 Oak St, Metamora, MI 48455
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    • $95,000

      Land For Sale

      Land available for purchase.
      4020 Metamora Rdg, Metamora, MI 48455
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    • $110,000

      Land For Sale Metamora

      Land available for sale in Metamora, Michigan.
      4055 Metamora Rdg, Metamora, MI 48455
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    • $150,000

      Land For Sale Metamora

      Land available for sale in Metamora, Michigan.
      4035 Metamora Rdg, Metamora, MI 48455
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    Nearby Similar for Sale

    • $395,000
      1,558 SF

      Metamora Industrial Storefront Opportunity

      Historic building, prime location, high business potential.
      4010 Oak St, Metamora, MI 48455
      View Details
    • $895,000
      5,173 SF

      Metamora Industrial Corner Property

      Historic building, renovated, multiple uses
      4000 Oak St, Metamora, MI 48455
      View Details
    • $1,500,000
      11,136 SF

      Metamora Industrial Property: High Traffic Location

      11,000 SF Industrial Space, 8 Units, High Visibility
      4053 Lapeer Rd, Metamora, MI 48455
      View Details
    • $3,300,000
      15,000 SF

      3420 Lapeer Rd, Metamora, MI 48455

      Industrial properties • 15,000 SF
      3420 Lapeer Rd, Metamora, MI 48455
      View Details

    FAQs

    What type of property is this?
    Residential income property - Quiet, cozy community; pet-friendly.
    Where is this residential income property located?
    The property is located at 3660 S Lapeer Rd Metamora, MI.
    What are key features of this property?
    This property features: Pet-friendly manufactured homes in Metamora, MI.; Community offers events and convenient off-street parking.; Quiet, cozy community near local attractions and amenities.
    (810) 678-6395
    Request Owner's contact information
    3660 S Lapeer Rd Metamora, MI 48455
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3660 S Lapeer Rd Metamora, MI 48455
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    Listing Contact
    Ideal Villa
    (810) 678-6395
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