Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Lapeer, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1 in Lapeer, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.