Rail-Adjacent Industrial
New
For Sale
$249,999
155 S Court St, Lapeer, MI 48446
A combined development site offers existing utility infrastructure and three curb cuts along S. Court Street.
Property SizeContact for details
Days on Market2
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Property Features for 155 S Court St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Rch Brokerage Legacy Inc
(248) 440-2268
Listed By:
In Network Real Estate Group
(248) 655-7955
Source:
Innetworkrealestate
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 14 at 10:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rch Brokerage Legacy Inc
Investment Insights
Based on property information with market context.
This approximately 3-acre industrial land offering combines multiple parcels into one development site. The property is zoned I-1 and directly adjoins an active rail spur; freight loading and unloading may be possible, subject to access rights and railroad approval. Three curb cuts connect the site to S. Court Street. Civil engineering and architectural design work has begun, with multiple site plan concepts prepared.
Existing improvements include an 8-inch sanitary sewer, a 12-inch storm sewer, a 6-inch gas main, and some storm sewer structures and rims. Municipal water is available along S. Court Street and James Street, and a fire hydrant is located at James and Court. Utility capacity and development requirements require verification.
A Phase I environmental site assessment is complete, and a Baseline Environmental Assessment has been filed with the State of Michigan. Reported findings identify limited, contained contamination in the northeast corner. The property is within an Opportunity Zone, subject to applicable eligibility requirements.
Existing improvements include an 8-inch sanitary sewer, a 12-inch storm sewer, a 6-inch gas main, and some storm sewer structures and rims. Municipal water is available along S. Court Street and James Street, and a fire hydrant is located at James and Court. Utility capacity and development requirements require verification.
A Phase I environmental site assessment is complete, and a Baseline Environmental Assessment has been filed with the State of Michigan. Reported findings identify limited, contained contamination in the northeast corner. The property is within an Opportunity Zone, subject to applicable eligibility requirements.
Key Highlights
- Approximately 3‑acre site offered as multiple parcels combined
- I‑1 industrial zoning
- Directly adjoins an active rail spur; freight use depends on access rights and railroad approval
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Current Use
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
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Business Placement
Demographics for 48446, MI
30,788
Population
12,797
Households
2.4
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
121.9 sq mi
ZIP Area
253
Density / Sq Mi
$66,382
Median Household Income
$40,263
Median Earnings
$976
Median Rent
$206,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial land - A combined development site offers existing utility infrastructure and three curb cuts along S. Court Street.
Where is this industrial land located?
The property is located at 155 S Court St Lapeer, MI.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Approximately 3‑acre site offered as multiple parcels combined; I‑1 industrial zoning; Directly adjoins an active rail spur; freight use depends on access rights and railroad approval
