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Rail-Adjacent Industrial Land
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For Sale
$249,999

155 S Court Street, Lapeer, MI 48446

Vacant Land, Lapeer, MI

Property SizeContact for details
Lot Size3.00 Acres
Days on Market2

Property Features for 155 S Court Street

General Information

Property type Land
Property subtype Other
Zoning Light Industrial
Subdivision City Of Lapeer B Jennings Add
Elementary school district Lapeer
Middle school district Lapeer
High school district Lapeer
Directions From W. Genesee Street, Turn south onto S. Court Street. Continue to 155 S. Court Street; the property is along Court Street.
Standard status Active
APN L212810004000
Lot size 3.00 Acres

Taxes and HOA fees

Tax Description CITY OF LAPEER JENNING'S ADDITION LOTS 9, 10 & 11 BLK 5 (L=9 P=598 SEC 5 T7N-R9E)
Tax Annual Amount 846
Legal Description CITY OF LAPEER JENNING'S ADDITION LOTS 9, 10 & 11 BLK 5 (L=9 P=598 SEC 5 T7N-R9E)
Listing Agency: Real Broker, LLC
Listed By: Chris Wasko
Added: Oct 13 Changed: Oct 14 Last Checked: Oct 14 at 6:06AM
MLS# 20261083287

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3-acre industrial land offering combines multiple parcels as one development site. It borders an active rail spur, with possible boxcar loading and unloading dependent on obtaining access rights and railroad approval. Three curb cuts connect the site to S. Court Street.

Existing site infrastructure includes an 8-inch sanitary sewer, a 12-inch storm sewer, and a 6-inch gas main. Municipal water is available along S. Court Street and James Street, and a fire hydrant is located at their intersection. Some storm sewer structures and rims are already installed. Utility capacity and development requirements need engineering review.

A Phase I environmental site assessment is complete, and a Baseline Environmental Assessment has been filed with the State of Michigan. Reported findings describe limited, contained contamination in the northeast corner; environmental records warrant review. The property is within an Opportunity Zone, subject to applicable eligibility requirements.

Key Highlights

  • 3‑acre site offered as a combined property across multiple parcels
  • Borders an active rail spur; freight loading access requires railroad approval and access rights
  • Three curb cuts on S. Court Street

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - A multi-parcel development site abuts an active rail spur and has three curb cuts on S. Court Street.
Where is this industrial land located?
The property is located at 155 S Court Street 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: 3‑acre site offered as a combined property across multiple parcels; Borders an active rail spur; freight loading access requires railroad approval and access rights; Three curb cuts on S. Court Street
More about this property
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