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    OFF-MARKET
    Land

    2112 Demille Rd, Lapeer, MI 48446

    8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8-acre vacant commercial land parcel presents a remarkable investment opportunity in Lapeer, Michigan. Located at 2112 Demille Rd, Lapeer, MI 48446, this property boasts a highly desirable location, situated northwest of the intersection of South Main Street (M-24) and Demille Road. Its strategic position offers unparalleled visibility and accessibility, placing it immediately west of a thriving regional shopping center. This established center is anchored by major retailers including The Home Depot, Kohl's, Kroger, and NCG Cinema. Further enhancing its appeal, Meijer and Applebee's are conveniently located just south of Demille Road. The property's infrastructure is well-suited for development, with sewer, water, and electric services readily available at the roadside. The asking price for this exceptional commercial land is $895,000. This presents a unique chance to capitalize on the strong retail presence and high traffic volume in this rapidly growing area. Serious inquiries are encouraged to explore the potential of this prime commercial real estate.

    Property profile
    Verified
    Property type Land
    Lot 8 ac (348,480 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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