0 Lake Nepessing Rd, Lapeer, MI 48446
This exceptional 5.81-acre commercial development site, located at 0 Lake Nepessing Road in Elba Township, Lapeer County, Michigan (48446), presents a unique investment opportunity. The property, identified by APN 008-011-001-00, is zoned C-2 Commercial, allowing for a variety of potential uses. The expansive lot offers significant development potential for businesses seeking a prominent location in a growing area. While the property includes approximately 1.5 acres of wetlands, the remaining acreage provides ample space for construction. Access to an existing community septic field is a significant advantage, simplifying infrastructure development. The asking price for this strategically located parcel is $55,000. This land is ideal for office or retail development, offering excellent visibility and accessibility. Serious inquiries are encouraged to explore the possibilities of this valuable commercial property. The property's coordinates are 43.03840589141297 latitude and -83.36181611065045 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.