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    Main St Lapeer, MI 48446

    Sponsored
    For Sale
    Contact for pricing

    Prime Lapeer location, B-2 zoning, land lease option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Lapeer, Michigan. Strategically located at the corner of Main Street (Lapeer Road) and Orchard Street, with the rear of the property fronting Cliff Drive, this site boasts 150 feet of frontage on Lapeer Road. Its prime location offers excellent visibility and accessibility, situated less than half a mile from the I-69 interchange at Lapeer Road, making it a true gateway property to the city. The B-2 General Business zoning allows for a wide range of commercial uses, including fast-food restaurants with drive-thrus. The ample lot size provides plenty of room for a single large building or multiple smaller structures, catering to diverse development plans. Utilities including water, sewer, gas, and electric are readily available at the roadside. While a sale is possible, the owner prefers a land lease arrangement, with terms open to negotiation. The APN is L21-16-550-012-10 & 012-200-022-00. This property represents a significant opportunity for businesses seeking a high-visibility location with excellent access and flexible development potential in a thriving Michigan community.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre commercial land parcel with 150 feet of frontage on Lapeer Road. Land lease preferred, sale possible.
    • Less than 1/2 mile to I‑69 interchange at Lapeer Road.
    • High‑visibility gateway property in Lapeer, Michigan.
    • B‑2 zoning allows for various commercial uses, including fast‑food restaurants with drive‑thrus.
    • Corner lot at Main St (Lapeer Rd) and Orchard St, with rear frontage on Cliff Dr.
    • Ample space for single large building or multiple smaller structures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.3186521
    Latitude
    43.0507182

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    FAQs

    What type of property is this?
    Land - Prime Lapeer location, B-2 zoning, land lease option.
    Where is this land located?
    The property is located at Main St Lapeer, MI.
    What are key features of this property?
    This property features: 3-acre commercial land parcel with 150 feet of frontage on Lapeer Road. Land lease preferred, sale possible.; Less than 1/2 mile to I-69 interchange at Lapeer Road.; High-visibility gateway property in Lapeer, Michigan.
    (248) 848-1292
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    Main St Lapeer, MI 48446
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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
    Main St Lapeer, MI 48446
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