Financial
Distress signals
Property profile

935 Baldwin Rd Lapeer, MI 48446

OFF-MARKET
Retail space
Property ID
US43-4380665
3,986 SF 0.75 ac lot Built 1930
Last sale Mar 2025 · $320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,986 square foot commercial building is situated on 0.64 acres of land in Lapeer, Michigan, on the south side of Baldwin Street, just west of S. Main Street. Currently operating as a Korean Martial Arts Institute, this versatile property offers a multitude of potential uses. Imagine transforming this space into a gymnastics center, physical therapy and rehabilitation facility, dance studio, or a 24-hour fitness center. The possibilities are endless

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$119k
Effective rate3.28%

Value estimate

· Sep 2026
$340k
$306k – $374k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$46 – $99
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2 GEN
JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
HVAC Service9.3
Locksmith8.7

Location

935 Baldwin Rd Lapeer, MI 48446-3007
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5505 Davison, Lapeer, MI 48446-2777 $300,000 Feb 2025 3,710 SF
2746 Fish Lk, Lapeer, MI 48446-8382 $181,200 Nov 2024 3,840 SF
2236 Imlay City, Lapeer, MI 48446-3262 $150,000 May 2024 3,448 SF
558 Main, Lapeer, MI 48446-2467 $475,000 May 2024 4,800 SF
2023 Lapeer, Lapeer, MI 48446-8628 $100,000 Nov 2022 4,690 SF
2106 Lapeer, Lapeer, MI 48446-8800 $218,000 Dec 2020 3,182 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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