Millville Rd Lapeer, MI 48446
- Land
- 33.64 lot acres
Current Use by Public Records
- Land
Property Details for 0 Millville Rd
- Lot size
- 33.64 lot acres
- Property type
- Land
Description
This exceptional 33.64-acre commercial land parcel in Lapeer, Michigan (APN 20-98-031-005-00), presents a unique opportunity for large-scale development. Priced at $3,579,999, the property is ideally situated for a mixed-use project, offering significant potential for substantial returns. The seller will navigate the entire approval process for a planned community, streamlining the transition to construction. This comprehensive plan includes the development of 124 single-family homes, priced at $1,847,600, designed to appeal to families seeking a suburban lifestyle near excellent schools. Additionally, the project encompasses 175 single-story luxury apartment homes, priced at $1,722,600, catering to the growing demand for maintenance-free living with the space and amenities of a single-family home. These ranch-style units feature open floor plans, private entrances, and attached garages. The property's prime location in Lapeer offers easy access to I-69, providing convenient access to shopping, dining, and recreational opportunities. This turnkey opportunity allows for immediate commencement of construction following approval, minimizing delays and maximizing investment potential. The existing infrastructure and proximity to established communities further enhance the desirability and value of this exceptional development site. This is a rare chance to acquire a substantial land parcel with a fully approved development plan, ready for immediate action.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lapeer
- County
- Lapeer
- State
- Michigan
- Longitude
- -83.3426
- Latitude
- 43.0502
