Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    265 Howard St Lapeer, MI 48446

    Sponsored
    For Sale
    $475,000

    11,160 SF Warehouse, 1.56 Acres

    Property size:
    11,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property in Lapeer, Michigan, presents a compelling investment opportunity. Located at 265 Howard St, this 1.56-acre site features two buildings totaling 11,160 square feet. Building #1 offers 7,000 square feet, while Building #2 provides an additional 4,160 square feet. Both buildings are single-story structures built in 1900 and extensively renovated in 2018, ensuring they are in good condition. The property boasts a 12-foot ceiling height and one loading dock, enhancing functionality. Currently equipped with 800 amps of power, the property is approved for an upgrade to 1,200 amps of 3-phase power, offering significant expansion potential. The property is zoned Industrial (I-1), providing flexibility for various uses. An appraisal completed in December 2021 valued the property at $1,100,000. This presents a unique chance for owner-occupancy or investment, with ample development potential within the site's generous acreage. The property's location in Lapeer County, Michigan, and its current vacant status make it an attractive proposition for immediate use or future development. The asking price is $475,000. APN: L208980004000.

    Property Features for 265 Howard St

    General Information

    Property type
    Distribution properties
    Square Feet
    11,160 SF
    Lot Size
    67,954 SF

    Building Details

    Year Built/Renovated
    1900/2018
    Buildings
    2
    Stories
    1

    HighLights

    • $895,000 Asking Price
    • 11,160 SF Total Building Area
    • 7,000 SF Building 1
    • 4,160 SF Building 2
    • 800 Amp Power, Upgrade Approved to 1,200 Amp 3‑Phase
    • I‑1 Industrial Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.3092453
    Latitude
    43.0496444

    Nearby Similar for Sale

    • New
      $299,000
      7,764 SF

      Lapeer Commercial Property For Sale

      Versatile commercial property in Lapeer, MI, ideal for customization.
      1996 W Oregon St, Lapeer, MI 48446
      View Details
    • $249,900
      Pending

      Lapeer Office with Ample Land

      Office property on 4.4 acres suitable for various businesses.
      550 S Saginaw St, Lapeer, MI 48446
      View Details
    • $650,000
      1,096 SF

      67-Acre Farm with Renovation Potential

      67-acre farm with house, barn, stream, and building site.
      4476 Merwin Rd, Lapeer, MI 48446
      View Details
    • New
      $279,000
      Pending

      Lapeer Farmhouse with Heated Pole Barn

      Move-in ready farmhouse on 10 acres with heated pole barn.
      2581 Carpenter Rd, Lapeer, MI 48446
      View Details
    • $349,900
      2,565 SF

      Spacious Farmhouse in Lapeer, MI

      Five-bedroom, 3.5-bath home with outbuildings and guest quarters.
      417 E Oregon St, Lapeer, MI 48446
      View Details
    • $150,000
      2,600 SF

      Lapeer Commercial Building For Sale

      Two-story commercial building with potential for multiple uses.
      279 N Court St, Lapeer, MI 48446
      View Details
    • $198,000
      1,621 SF

      Lapeer Duplex: Investment Opportunity

      Fully rented duplex in Lapeer, MI, perfect for investors.
      220 W Park St, Lapeer, MI 48446
      View Details
    • $304,900
      1,298 SF

      New Construction Luxury Condominium

      Luxury condominium with open floor plan and modern features.
      1389 Luxington Dr, Lapeer, MI 48446
      View Details
    • $299,900
      1,289 SF

      New Construction Luxury Condo

      Move-in ready condo with modern features and low association fees.
      1421 Luxington Dr, Lapeer, MI 48446
      View Details
    • $304,900

      New Condominiums in Lapeer

      Luxury condominiums with low-maintenance living in a tranquil Lapeer setting.
      1389 Luxington Dr, Lapeer, MI 48446
      View Details
    • $299,900

      New Construction Luxury Condo

      Move-in ready condo with modern features and low association fees.
      1421 Luxington Dr, Lapeer, MI 48446
      View Details
    • $479,000

      Commercial Property with Two Buildings

      Two-building commercial property featuring retail, office, shop, and storage spaces.
      1830 N Lapeer Rd, Lapeer, MI 48446
      View Details

    FAQs

    What type of property is this?
    Distribution property - 11,160 SF Warehouse, 1.56 Acres
    Where is this distribution property located?
    The property is located at 265 Howard St Lapeer, MI.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $895,000 Asking Price; 11,160 SF Total Building Area; 7,000 SF Building 1
    Request Owner's contact information
    265 Howard St Lapeer, MI 48446
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    265 Howard St
    Lapeer, MI 48446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    265 Howard St Lapeer, MI 48446
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.