1675 Lapeer Rd, Lapeer, MI 48446-7734
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Lapeer, MILapeer. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.