Property profile

00 Genesee St Lapeer, MI 48446

OFF-MARKET
Land
1.89 ac lot
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Property summary

AI-generated overview

This exceptional 1.89-acre commercial land parcel presents a remarkable investment opportunity in Lapeer, Michigan. Located at 00 E Genesee Street, this property boasts unparalleled visibility due to its prime corner location at the intersection of S Elba and Genesee Roads, directly off I-69. The strategic positioning offers easy access to major thoroughfares, including proximity to M-15/Davison (5 minutes), M-24 Lapeer (8 minutes), and I-475/75 in Flint (14 minutes). The property's APN is 008-018-017-00. With a total asking price of $11,900, the price per acre is $66,084.66. This high-traffic area ensures maximum exposure for any commercial venture. The seller is open to considering a land contract, making this an accessible option for various business plans. The possibilities are extensive, making this a truly exceptional opportunity for entrepreneurs seeking a high-visibility location to establish or expand their business. This is a rare chance to acquire a significant commercial land holding in a rapidly developing area with excellent transportation links. The property is zoned for commercial use (further verification recommended). Don't miss this chance to secure a prime location for your next project.

Property profile

Verified
Property type Land
Lot 1.89 ac (82,328 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Genesee St Lapeer, MI 48446
Lapeer metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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