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    Carriage Hill Cir Lapeer, MI 48446

    Sponsored
    For Sale
    $349,000

    Prime Lapeer development land, 7.85 acres, RM-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.85-acre parcel, located on Carriage Hill Circle in Lapeer, Michigan, presents a remarkable opportunity for residential development. Currently zoned RM-1, Multiple-Family Residential, this fully improved site is ideally suited for a multi-family project. The property's location just west of Downtown Lapeer offers convenient access to amenities and services. The parcel is identified by APN L20-93-304-040-00 and is part of the proposed Carriage Hills Condominiums Phase II Development. This makes it an attractive investment for developers seeking to capitalize on the growing demand for residential housing in the area. The asking price is $349,000, with annual property taxes totaling $1,049. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land holding in a desirable location with established infrastructure, ready for immediate development. Don't miss this chance to build your next successful project. The property's address is Carriage Hill Circle, Lapeer, MI 48446.

    Property Features for 0 Carriage Hill Cir

    General Information

    Property type
    Land
    Lot Size
    341,946 SF

    HighLights

    • 7.85± acre residential land parcel for sale in Lapeer, MI.
    • Proposed Carriage Hills Condominiums Phase II development site.
    • Fully improved site, ready for immediate development.
    • Located west of Downtown Lapeer, offering convenient access to amenities.
    • Zoned RM‑1, Multiple‑Family Residential.
    • Annual property taxes: $1,049.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.3308083
    Latitude
    43.0536413

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    FAQs

    What type of property is this?
    Land - Prime Lapeer development land, 7.85 acres, RM-1 zoning.
    Where is this land located?
    The property is located at Carriage Hill Cir Lapeer, MI.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: 7.85± acre residential land parcel for sale in Lapeer, MI.; Proposed Carriage Hills Condominiums Phase II development site.; Fully improved site, ready for immediate development.
    Request Owner's contact information
    Carriage Hill Cir Lapeer, MI 48446
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    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
    Carriage Hill Cir Lapeer, MI 48446
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