0 Carriage Hill Cir, Lapeer, MI 48446
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.
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.
Costs & Benchmarks
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.