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    Lapeer Rd Lapeer, MI 48421

    • Land
    • 7.97 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Lapeer Rd

    Lot size
    7.97 lot acres
    Property type
    Land

    Description

    This exceptional 7.97-acre commercial land parcel presents a remarkable investment opportunity in Lapeer County, Michigan. Located on N Lapeer Road in Columbiaville, this property boasts an impressive 539 feet of frontage on M-24, a major thoroughfare with an estimated daily traffic count of 13,000 vehicles. The property's strategic location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The permitted zoning is Commercial, allowing for diverse development possibilities. The parcel's size provides ample space for construction and expansion. Nearby businesses include a storage facility, Dollar General, and an ice cream shop, indicating a thriving commercial environment. The property's APN is 006-020-001-32. The asking price is $80,000. The land is privately owned. While the lease expiration date is listed as October 18, 2024, the remaining lease term is zero years, indicating the property is available for immediate development or sale. This is a rare opportunity to acquire a significant commercial land holding in a high-traffic area with excellent visibility and potential for substantial return on investment. The property's location in Lapeer County, Michigan, offers easy access to regional transportation networks and a growing community. Don't miss this chance to secure this prime commercial real estate.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.3112
    Latitude
    43.15

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    Lapeer Rd
    Lapeer, MI 48421
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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
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