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    462 W Genesee St Lapeer, MI 48446

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    For Sale
    $199,000

    Redevelopment opportunity with high traffic and national retailer surroundings.

    Property size:
    3,600 SF

    Property Features for 462 W Genesee St

    General Information

    Size
    3,600 SF

    Source: CMP Real Estate Group Agent Barry Landau

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Retail Redevelopment Opportunity

    This property features 142 feet of frontage on W Genesee Road, which experiences an average of 15,110 vehicles per day. The location is surrounded by national retailers, including Walmart, Tractor Supply Company, and Ford. The existing building, needing renovation, offers 3,600 square feet of space. Each floor of the existing space measures 1,672 square feet. The site presents a redevelopment opportunity and is suitable for office space, a car wash, or a day care. Plans exist for renovations to add an additional 4,100 square feet, conceptually creating a 5,700 square foot space. The property benefits from a high traffic count and proximity to downtown traffic.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.310724
    Latitude
    43.050893

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    FAQs

    What type of property is this?
    Retail space - Redevelopment opportunity with high traffic and national retailer surroundings.
    Where is this retail space located?
    The property is located at 462 W Genesee St Lapeer, MI.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - High traffic count of 15,110 Vehicles Per Day.; - 142’ of frontage on W Genesee Road.; - Surrounded by national retailers including Walmart, Tractor Supply Company, and Ford.
    (248) 538-2000
    Request Owner's contact information
    462 W Genesee St Lapeer, MI 48446
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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
    462 W Genesee St Lapeer, MI 48446
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