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    Property profile & analytics

    1489 Main St Lapeer, MI 48446-1367

    • Grocery and convenience stores
    • 2,000 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US43-4325004
    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

    • Grocery and convenience stores

    Property Details for 1489 Main St

    Year built
    2001
    Lot size
    0.49 lot acres
    Property size
    2,000 SF
    Zone code
    B2 GEN
    Property type
    Grocery and convenience stores
    APN
    L21-30-124-040-00
    APU
    L213012404000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lapeer
    County
    Lapeer
    State
    Michigan
    Longitude
    -83.3198
    Latitude
    43.0644
    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
    $7,819
    $0.00
    $0.00
    $180,400
    -
    $0.00
    $0.00
    $360,800

    Comparable in this City

    • Value Estimation by Request
      2,560 SF

      2990 Genesee St

      GROCERY, SUPERMARKET • 2,560 SF
      2990 Genesee St, Lapeer, MI 48446-1640
      View Details
    • Value Estimation by Request
      1,006 SF

      2929 Kings Ml Rd

      GROCERY, SUPERMARKET • 1,006 SF
      2929 Kings Ml Rd, Lapeer, MI 48446-8378
      View Details
    • Value Estimation by Request
      63,163 SF

      540 Main St

      GROCERY, SUPERMARKET • 63,163 SF
      540 Main St, Lapeer, MI 48446-2467
      View Details
    • Value Estimation by Request
      3,750 SF

      1280 Imlay City Rd

      GROCERY, SUPERMARKET • 3,750 SF
      1280 Imlay City Rd, Lapeer, MI 48446-3193
      View Details
    • Value Estimation by Request
      4,680 SF

      3528 Lapeer Rd

      GROCERY, SUPERMARKET • 4,680 SF
      3528 Lapeer Rd, Lapeer, MI 48446-8753
      View Details
    • Value Estimation by Request
      1,920 SF

      9 Genesee St

      GROCERY, SUPERMARKET • 1,920 SF
      9 Genesee St, Lapeer, MI 48446-2664
      View Details

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    Similar Nearby for Lease

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      Retail Space Near M24

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    • Contact for pricing

      Lapeer Commercial Property For Rent

      Commercial property available for rent in Lapeer, Michigan.
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    Property Visit Statistics

    • Visits by month
      4.5k
    • Visitors by month
      3.0k
    • Avg Time on site
      4 min
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    1489 Main St
    Lapeer, MI 48446-1367
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    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
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