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    Lapeer Newark Rd Lapeer, MI 48446

    Sponsored
    For Sale
    $295,000

    Prime 10-acre residential lot near I-69.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10-acre parcel of land presents a unique opportunity for residential development in Lapeer, Michigan. Located on Newark Road, this property boasts a convenient location with easy access to I-69, offering seamless connectivity to surrounding areas. The land is zoned for residential use, providing flexibility for various housing projects. The lot size is a generous 10 acres, providing ample space for a variety of development plans. The asking price is $295,000, translating to $29,500 per acre, representing a competitive price point for the area. The property's Assessed Parcel Number (APN) is 01102901100. This property is situated in Lapeer County, Michigan, with a Lapeer city address and a 48446 zip code. Its geographical coordinates are 42.9996276 latitude and -83.3302936 longitude. This land offers significant potential for residential builders or investors seeking a substantial landholding in a desirable location. The proximity to I-69 is a key advantage, enhancing accessibility and overall desirability. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for Lapeer Newark Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre residential lot in Lapeer, MI.
    • Zoned residential.
    • Convenient I‑69 access.
    • Parcel #: 01102901100.
    • $295,000 ($29,500/acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.3302936
    Latitude
    42.9996276

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    FAQs

    What type of property is this?
    Land - Prime 10-acre residential lot near I-69.
    Where is this land located?
    The property is located at Lapeer Newark Rd Lapeer, MI.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 10-acre residential lot in Lapeer, MI.; Zoned residential.; Convenient I-69 access.
    Request Owner's contact information
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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
    Lapeer Newark Rd Lapeer, MI 48446
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