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0 M-24 Lapeer, MI 48421

OFF-MARKET Land Google Maps
20 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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