Property profile

1675 Lapeer Rd Lapeer, MI 48446

OFF-MARKET
Government properties
Property ID
US43-4355908
0.92 ac lot Built 1974
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 4,852 square foot office building in Lapeer, Michigan, is situated on a prominent 3.86-acre corner lot with a traffic light, offering excellent visibility and accessibility from N. Lapeer Rd. and Davis Lake Rd. Currently housing Security Credit Union (on a temporary leaseback while their new building is constructed), this well-maintained property boasts an open floor plan with several offices, a breakroom, and a conference room. The building features an updated HVAC system, updated electrical, an alarm system, and oversized windows providing ample natural light. Its versatile design makes it suitable for various uses, including office, medical, and financial institutions. The location is highly desirable, being just one mile from McLaren Hospital and the medical district, and conveniently near I-69, hotels, shopping, and restaurants. The asking price is $875,000, translating to $180.34 per square foot. The property is zoned commercial and offers significant potential for a variety of businesses. The seller is offering a leaseback during the construction of their new facility.

Property profile

Verified
Property type Government properties
Use group CENTRALLY ASSESSED
Year built 1974
Lot 0.92 ac (39,988 SF)
Zoning code C-1
APN 014-200-008-00
UPID US43-4355908

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1675 Lapeer Rd Lapeer, MI 48446-7734
Lapeer metro Census 334000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2025
1 recorded transaction
2025
$675,000

Zoning & alternative use

C-1 · Lapeer, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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