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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    116 Genesee St, Lapeer, MI 48446-2225

    0.12 ac lot
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-4374387
    Property summary
    AI-generated overview

    This exceptional 0.2-acre commercial land parcel in Lapeer, Michigan, presents a prime redevelopment opportunity. Located at 116 W Genesee Street, this property boasts approximately 280 feet of commercial frontage on a high-traffic thoroughfare. The parcel is zoned for commercial use (APN: L20-38-200-040-00) and is part of a larger portfolio, making it ideal for investors seeking a strategic addition to their holdings. The property's location within a rapidly growing area, alongside established national brands such as Walmart, Tractor Supply, Dollar General, and McDonald's, ensures strong potential for future growth and profitability. An adjacent parcel at 127 Pope Street is included, offering a valuable commercial service drive between Pope Street and W. Genesee Street, enhancing the property's overall utility and appeal. This versatile land is suitable for a variety of commercial uses, including but not limited to auto shops, convenience stores, and gas stations, making it an attractive investment for developers and entrepreneurs alike. The property's strategic location and significant frontage make it a compelling opportunity to capitalize on the thriving Lapeer commercial market. This is a rare chance to acquire a well-positioned parcel ready for immediate development.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.12 ac (5,227 SF)
    Zoning code B2 GEN
    APN L20-38-200-040-00
    UPID US43-4374387
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hussein Kodsi Reda · 1 yrs held
    Hussein Kodsi Reda
    since 2025
    Last sale
    $450,000
    1 recorded transaction
    2025
    $450,000
    Zoning & alternative use
    B2 GEN · Lapeer, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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