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Financial
Distress signals
Property profile

1428 Imlay City Rd Lapeer, MI 48446

OFF-MARKET
Retail space
Property ID
US43-4374753
6,360 SF 0.28 ac lot Built 1952
Last sale Oct 2019 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 1428 Imlay City Rd, Lapeer, Michigan is a cannabis cultivation facility that is municipally approved for Class A cultivation under the MMLFA. The building area is stated as 6,157 sf in two sections: approximately 1,357.44 sf (33.6 ft x 40.4 ft) and 4,800 sf (100 ft x 48 ft). The facility is described as being in a condition suitable for tenant or owner buildout after approval and includes the potential to add an additional 2,682 sf for a stated total of up to 8,840 sf.

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.

Debts

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?
$5k
Tax billed · 2023
Assessed value · 2024$139k
Effective rate3.79%

Value estimate

· Oct 2026
$230k
$207k – $253k

Realmo valuation models over county records and 3 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 comparables3

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?
I1 INDU
JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.6
Realty agency10.7
HVAC Service10.2

Location

1428 Imlay City Rd Lapeer, MI 48446-3114
County assessor Recorded deeds · 3 transfers 3 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
552 Imlay City, Lapeer, MI 48446-3178 $517,000 Sep 2024 7,500 SF
1422 Imlay City, Lapeer, MI 48446-3114 $450,000 Jun 2023 7,472 SF
411 Nepessing, Lapeer, MI 48446-2106 $500,000 Feb 2023 6,540 SF
333 Nepessing, Lapeer, MI 48446-2105 $272,000 Nov 2021 6,947 SF
69 Nepessing, Lapeer, MI 48446-2101 $285,000 Oct 2021 6,772 SF
130 Howard, Lapeer, MI 48446-2513 $255,000 Apr 2021 6,600 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

Comparable nearby

  • Value Estimation
    $255,000
    6,600 SF
    130 Howard St
    LAUNDROMAT (SELF-SERVICE)
    130 Howard St, Lapeer, MI 48446-2513
    View Details
  • Value Estimation
    $395,000
    5,760 SF
    2110 Lapeer Rd
    RETAIL STORES (PERSONAL SERVICES)
    2110 Lapeer Rd, Lapeer, MI 48446-8772
    View Details
  • Value Estimation
    $515,000
    7,500 SF
    552 Imlay City Rd
    RETAIL STORES (PERSONAL SERVICES)
    552 Imlay City Rd, Lapeer, MI 48446-3178
    View Details
  • Value Estimation
    $360,000
    4,800 SF
    1919 Lapeer Rd
    SHOW ROOM, WAREHOUSE
    1919 Lapeer Rd, Lapeer, MI 48446-7710
    View Details
  • Value Estimation
    $465,000
    4,680 SF
    3528 Lapeer Rd
    GROCERY, SUPERMARKET
    3528 Lapeer Rd, Lapeer, MI 48446-8753
    View Details
  • Value Estimation
    $310,000
    3,986 SF
    935 Baldwin Rd
    RETAIL STORES (PERSONAL SERVICES)
    935 Baldwin Rd, Lapeer, MI 48446-3007
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    5,700 SF
    Three-Unit Retail Building
    Three-unit retail building offered for sale with a total size of 5,700 square feet.
    4-12 E. Nepessing St, Lapeer, MI 48446
    View Details
  • New
    $385,000
    3,360 SF
    Flex Space with Showroom
    Commercial flex facility combining customer-facing showroom space with rear operational areas and overhead loading access.
    1983 N, Lapeer, MI 48446
    View Details
  • $310,000
    Storefront Building with Private Parking
    Corner-positioned commercial building with flexible interior space, two restrooms, private parking, and rear delivery access.
    525 N Saginaw St, Lapeer, MI 48446
    View Details

Similar Nearby for Lease

  • New
    $1,700/Mo
    1,125 sqft
    Unit 4 Retail Space
    Retail premises identified as Unit 4 are available for lease in Lapeer, Michigan.
    814 S Main St Unit 5, Lapeer, MI 48446
    View Details
  • New
    Contact for pricing
    2,400 sqft
    Renovated Power Center Retail Space
    Recently renovated power center offering 2,400 square feet of retail space alongside major national anchors.
    865 S Main St, Lapeer, MI 48446
    View Details
  • New
    $2,000/Mo
    Freestanding Retail Building with Parking
    Freestanding single-tenant retail building on a car-friendly site with substantial street frontage and HVAC in place.
    832 S Main St, Lapeer, MI 48446
    View Details
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