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    M-24 Lapeer, MI 48421

    Sponsored
    For Sale
    $260,000

    Prime 20-acre commercial/residential land. Excellent M-24 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20-acre parcel presents a unique investment opportunity in Lapeer County, Michigan. Located on M-24 in Columbiaville, the property boasts over 700 feet of road frontage, providing significant visibility and accessibility. The land is zoned for both commercial and residential use, offering flexibility for a variety of development projects. The asking price is $260,000, translating to $13,000 per acre. The seller is open to considering different purchase options. Interested parties may explore the possibility of purchasing the land in two 10-acre parcels, each priced at $130,000. Furthermore, the seller is willing to discuss build-to-suit opportunities with qualified groups. This prime location in Lapeer County, with its convenient access to M-24 and its dual zoning, makes this property an attractive prospect for developers and investors seeking a versatile and strategically located land asset in the Columbiaville, MI area. The property's address is M-24, Lapeer, MI 48421.

    Property Features for 0 M-24

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • 20‑acre parcel in Columbiaville, MI, on M‑24.
    • Over 700 feet of road frontage.
    • Commercial and residential zoning.
    • $260,000 asking price ($13,000/acre).
    • Seller open to 2 x 10‑acre sales at $130,000 each and build‑to‑suit options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.3112364
    Latitude
    43.1499681

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    FAQs

    What type of property is this?
    Land - Prime 20-acre commercial/residential land. Excellent M-24 frontage.
    Where is this land located?
    The property is located at M-24 Lapeer, MI.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: 20-acre parcel in Columbiaville, MI, on M-24.; Over 700 feet of road frontage.; Commercial and residential zoning.
    Request Owner's contact information
    M-24 Lapeer, MI 48421
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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
    M-24 Lapeer, MI 48421
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