Industrial Land with Rail
New
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 Market3
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
(855) 450-0442
Added: Oct 13
Changed: Oct 14
Last Checked: Oct 15 at 10:06PM
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.
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Investment Insights
Based on property information with market context.
The combined offering comprises approximately 3 acres across multiple parcels in Lapeer, zoned Light Industrial. It borders an active rail spur, with possible boxcar loading and unloading subject to securing access rights and railroad approval. Three curb cuts serve the site from S. Court Street. Civil engineering and architectural design work has begun, and multiple site plan concepts have been prepared.
Existing site infrastructure includes an 8-inch sanitary sewer and a 12-inch storm sewer, with some storm sewer structures and rims already installed. A 6-inch gas main is present, while municipal water is available along S. Court Street and James Street. A fire hydrant is located at the intersection of James and Court. Utility capacity and development approvals 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 indicate limited, contained contamination in the northeast corner. The property is within an Opportunity Zone, subject to applicable eligibility requirements.
Existing site infrastructure includes an 8-inch sanitary sewer and a 12-inch storm sewer, with some storm sewer structures and rims already installed. A 6-inch gas main is present, while municipal water is available along S. Court Street and James Street. A fire hydrant is located at the intersection of James and Court. Utility capacity and development approvals 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 indicate limited, contained contamination in the northeast corner. The property is within an Opportunity Zone, subject to applicable eligibility requirements.
Key Highlights
- Approximately 3 acres offered as a combined property across multiple parcels
- Borders an active rail spur; freight loading and unloading require railroad approval and access rights
- Three curb cuts along S. Court Street
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
752
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 - Light Industrial zoning and a site bordering a rail spur support potential freight use, subject to railroad approval and access rights.
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: Approximately 3 acres offered as a combined property across multiple parcels; Borders an active rail spur; freight loading and unloading require railroad approval and access rights; Three curb cuts along S. Court Street
