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    4053 Lapeer Rd Metamora, MI 48455

    For Sale
    $1,500,000

    11,000 SF Industrial Space, 8 Units, High Visibility

    Property size:
    11,136 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 11,136 square foot industrial property, situated on 1.5 acres at 4053 S Lapeer in Metamora, MI, presents a lucrative investment opportunity. Currently operating as a bustling strip mall with eight individual units, this property boasts a prime location on M-24 Lapeer Road, ensuring high visibility and significant foot traffic. The ample 63-space parking lot provides convenient access for customers and employees. Excellent signage opportunities further enhance the property's appeal to potential tenants. The commercial zoning allows for a diverse range of businesses, including restaurants (both sit-down and takeout), pizza establishments, and various service-oriented enterprises. Currently, two units are available for lease. The property's strong performance is evidenced by its existing tenant occupancy, details of which are available upon request. This is an ideal investment for those seeking a well-established, high-traffic commercial property with significant growth potential. The asking price is $1,500,000. Serious inquiries only.

    Property Features for 4053 Lapeer Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    11,136 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Christine G. Strasser ... Criminal Justice Attorney Great Lakes Car ... Used Car Dealer Value my Gems ... Jeweler The Peace Pipe Tobacco Shop Pyles Family Dentistry Dentist

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Metamora
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.31276
    Latitude
    42.93974

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    FAQs

    What type of property is this?
    Industrial property - 11,000 SF Industrial Space, 8 Units, High Visibility
    Where is this industrial property located?
    The property is located at 4053 Lapeer Rd Metamora, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (248) 686-0024
    Request Owner's contact information
    4053 Lapeer Rd Metamora, MI 48455
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    Realmo Value Estimation

    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.

    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.

    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
    4053 Lapeer Rd Metamora, MI 48455
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