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    OFF-MARKET
    Land

    Lapeer Newark Rd, Lapeer, MI 48446

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 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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