Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    265 Howard St Lapeer, MI 48446

    • Retail space
    • 12,024 SF
    • 0.66 lot acres
    For Sale
    View listing
    $475,000
    Value Estimation
    Last Sale
    Apr 04, 2022
    $1,400,000
    Location Intelligence
    Property ID
    US43-4326221
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 265 Howard St

    Year built
    1900
    Lot size
    0.66 lot acres
    Property size
    12,024 SF
    Zone code
    I1 INDU
    Property type
    Retail space
    APN
    L21-27-500-040-00
    APU
    L212750004000

    Description

    This exceptional industrial opportunity in Lapeer, MI, presents two buildings totaling 11,160 square feet situated on a generous 1.56-acre lot. Building #1 boasts 7,000 square feet, while Building #2 offers 4,160 square feet of space. Currently equipped with 800 amps of power, the property is eligible for an upgrade to 1,200 amps/3-phase power, providing significant flexibility for various industrial uses. An appraisal completed in December 2021 valued the property at $1,100,000, highlighting its substantial worth. The buildings are in good condition, and the property's location within a designated "green zone" suggests favorable environmental considerations. This property presents a compelling investment opportunity, ideal for owner-occupancy or as a lucrative rental investment. The expansive lot offers significant potential for future development, allowing for expansion or the addition of further structures. This versatile property is ready for immediate use or strategic development, making it a rare find in the Lapeer industrial market. The asking price is $410,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,550,000
      6.5%
      $1,560,000
      7%
      $1,415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,465,000
      Geo Method
      $1,350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,675,000
      Retail
      $1,435,000
      Mixed-Use
      $1,360,000
      Hospitality
      $1,670,000
      Educational
      $1,410,000
      Residential Income
      $1,445,000
      Energy
      $1,715,000
      Income-Based Land
      $1,630,000
      Food Service
      $1,510,000

    Location Insight

    • Map
    • Local Demand
    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.309
    Latitude
    43.0495
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,313
    $0.00
    $0.00
    $155,500
    -
    $0.00
    $0.00
    $311,000

    Comparable in this City

    • Value Estimation by Request
      1,320 SF

      444 Saginaw St

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      444 Saginaw St, Lapeer, MI 48446-2334
      View Details
    • Value Estimation by Request
      4,606 SF

      1965 Farnsworth Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,606 SF
      1965 Farnsworth Rd, Lapeer, MI 48446-8601
      View Details
    • Value Estimation by Request
      695 SF

      1809 Genesee St

      RETAIL STORES (PERSONAL SERVICES) • 695 SF
      1809 Genesee St, Lapeer, MI 48446-1705
      View Details
    • Value Estimation by Request
      2,640 SF

      311 Higgins St

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      311 Higgins St, Lapeer, MI 48446-2218
      View Details
    • Value Estimation by Request
      1,320 SF

      Lk Nepessing Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      Lk Nepessing Rd, Lapeer, MI 48446
      View Details
    • Value Estimation by Request
      1,984 SF

      2190 Lapeer Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,984 SF
      2190 Lapeer Rd, Lapeer, MI 48446-8627
      View Details

    Similar Nearby for Sale

    • $199,000
      3,600 SF

      High-Traffic Retail Redevelopment Opportunity

      Redevelopment opportunity with high traffic and national retailer surroundings.
      462 W Genesee St, Lapeer, MI 48446
      View Details
    • $479,000

      Commercial Property with Two Buildings

      Two-building commercial property featuring retail, office, shop, and storage spaces.
      1830 N Lapeer Rd, Lapeer, MI 48446
      View Details
    • $265,000

      Lapeer Investment Property For Sale

      Corner lot with high traffic and multiple tenants.
      4 E Nepessing St, Lapeer, MI 48446
      View Details
    • Contact for pricing

      Redevelopment Portfolio in Lapeer, Michigan

      10+ unit redevelopment portfolio with high potential in Lapeer.
      939 W Genesee St, Lapeer, MI 48446
      View Details
    • $1,905,120
      2,273 SF

      Established Wendy's Restaurant For Sale

      Long-term NNN lease with corporate guarantee in Lapeer, Michigan.
      436 S Main St, Lapeer, MI 48446
      View Details
    • $359,000
      3,986 SF

      Lapeer Commercial Building - Great Location!

      Prime Lapeer commercial space, high visibility, multiple uses.
      935 Baldwin Rd, Lapeer, MI 48446
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      14,000 SF

      Prime Retail Space Available

      15,050 SF retail space with main road frontage.
      401 W Genesee St, Lapeer, MI 48446
      View Details
    • $1,850 /Mo

      Office and Retail Space Available

      Newly renovated office and retail space for rent.
      323 East Genesee St, Lapeer, MI 48446
      View Details
    • $5 SF/Yr
      45,337 SF

      Lapeer Pointe Retail Space Available

      Retail space for lease in Lapeer Pointe Shopping Center.
      865 S Main St, Lapeer, MI 48446
      View Details
    • $10 SF/Yr
      48,619 SF

      Retail Space Near M24

      Large retail space available near M24/Lapeer Road.
      1857 W Genesee St, Lapeer, MI 48446
      View Details
    • $1,799 /Mo
      6,000 SF

      Lapeer Flex Space For Lease

      Like-new flex space suitable for retail, commercial, or light industrial.
      1697 N Saginaw St, Lapeer, MI 48446
      View Details
    • Contact for pricing

      Lapeer Commercial Property For Rent

      Commercial property available for rent in Lapeer, Michigan.
      3273 Davison Rd, Lapeer, MI 48446
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    265 Howard St
    Lapeer, MI 48446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.