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    OFF-MARKET
    Land

    0 Main St, Lapeer, MI 48446

    3 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 3 ac (130,680 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
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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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