Lapeer Newark Rd, Lapeer, MI 48446
This exceptional 10-acre parcel of land presents a unique opportunity for residential development in Lapeer, Michigan. Located on Newark Road, this property boasts a convenient location with easy access to I-69, offering seamless connectivity to surrounding areas. The land is zoned for residential use, providing flexibility for various housing projects. The lot size is a generous 10 acres, providing ample space for a variety of development plans. The asking price is $295,000, translating to $29,500 per acre, representing a competitive price point for the area. The property's Assessed Parcel Number (APN) is 01102901100. This property is situated in Lapeer County, Michigan, with a Lapeer city address and a 48446 zip code. Its geographical coordinates are 42.9996276 latitude and -83.3302936 longitude. This land offers significant potential for residential builders or investors seeking a substantial landholding in a desirable location. The proximity to I-69 is a key advantage, enhancing accessibility and overall desirability. Serious inquiries are encouraged to explore the possibilities this property offers.
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.