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Property profile & analytics
OFF-MARKET
Retail space

1428 Imlay City Rd Lapeer, MI 48446-3114

6,360 SF 0.28 ac lot Built 1952
Entity Owned 6-yr Hold Free & Clear
Property ID
US43-4374753
Property summary
AI-generated overview

This exceptional 6,360-square-foot flex space at 1428 Imlay City Road in Lapeer, Michigan, presents a prime commercial lease opportunity. Built in 1952, the single-tenant building offers versatile space ideal for retail, office, or industrial uses. Enjoy excellent visibility and high traffic counts, with over 10,000 cars passing daily on M-21, conveniently located just east of Walmart. The property features 10.8-foot ceiling heights, providing ample vertical space for various configurations. Parking is abundant, with 18 or more spaces available for customers and employees. The building is currently vacant, offering a blank canvas for tenant build-out to perfectly suit individual business needs. This adaptable space is perfect for a retail store, showroom, storage facility, garage, or numerous other ventures. The attractive lease terms are $5 per square foot, plus $1 per square foot in NNN expenses, making this a highly affordable and flexible option. The property's address is 1428 Imlay City Road, Lapeer, MI 48446. This is a truly exceptional opportunity for businesses seeking a well-located, versatile, and cost-effective space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Total area 6,360 SF
Lot 0.28 ac (12,197 SF)
Zoning code I1 INDU
APN L21-29-965-040-00
UPID US43-4374753
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Invest2net LLC · 6 yrs held
Invest2net LLC
since 2019
3 recorded transactions
2019
$250,000
2012
Price N/A
2012
Price N/A
Zoning & alternative use
I1 INDU · Lapeer, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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