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    OFF-MARKET
    Land

    0 Carriage Hill Cir, Lapeer, MI 48446

    7.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.85-acre parcel, located on Carriage Hill Circle in Lapeer, Michigan, presents a remarkable opportunity for residential development. Currently zoned RM-1, Multiple-Family Residential, this fully improved site is ideally suited for a multi-family project. The property's location just west of Downtown Lapeer offers convenient access to amenities and services. The parcel is identified by APN L20-93-304-040-00 and is part of the proposed Carriage Hills Condominiums Phase II Development. This makes it an attractive investment for developers seeking to capitalize on the growing demand for residential housing in the area. The asking price is $349,000, with annual property taxes totaling $1,049. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land holding in a desirable location with established infrastructure, ready for immediate development. Don't miss this chance to build your next successful project. The property's address is Carriage Hill Circle, Lapeer, MI 48446.

    Property profile
    Verified
    Property type Land
    Lot 7.85 ac (341,946 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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