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Property profile & analytics
OFF-MARKET
Land

000 Lapeer Rd Davison, MI 48423

10.63 ac lot
Property ID
Property summary
AI-generated overview

Discover a remarkable 10.63-acre parcel of land ideally situated in Davison, Michigan. This exceptional property boasts over 1,000 square feet of road frontage on Lapeer Road and an additional 298 square feet of frontage on South Cummings Road. Currently zoned for residential use, this expansive lot presents a wealth of possibilities. Imagine building your dream home on this spacious acreage, or capitalize on the potential for subdivision. Preliminary estimations suggest the possibility of creating six or more buildable lots, each exceeding one acre in size, making this an attractive opportunity for builders and investors alike. Utilities are readily available, with electric, natural gas or LP, and cable services accessible. While a survey is not currently available, and soil testing has yet to be conducted, the property's size and location make it a compelling investment. Prospective buyers should note that a well and septic system will be required. This is a unique chance to acquire a substantial land holding in a desirable location and bring your vision to life. The property is offered at $99,900. The APN is 0514200002. Buyer to verify all information.

Property profile
Verified
Property type Land
Lot 10.63 ac (463,043 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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