Property summary
This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Lapeer, Michigan. Strategically located at the corner of Main Street (Lapeer Road) and Orchard Street, with the rear of the property fronting Cliff Drive, this site boasts 150 feet of frontage on Lapeer Road. Its prime location offers excellent visibility and accessibility, situated less than half a mile from the I-69 interchange at Lapeer Road, making it a true gateway property to the city. The B-2 General Business zoning allows for a wide range of commercial uses, including fast-food restaurants with drive-thrus. The ample lot size provides plenty of room for a single large building or multiple smaller structures, catering to diverse development plans. Utilities including water, sewer, gas, and electric are readily available at the roadside. While a sale is possible, the owner prefers a land lease arrangement, with terms open to negotiation. The APN is L21-16-550-012-10 & 012-200-022-00. This property represents a significant opportunity for businesses seeking a high-visibility location with excellent access and flexible development potential in a thriving Michigan community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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