2025 N Lapeer Rd, Lapeer, MI 48446
For Lease
1 / 9
This exceptional 19,344 square foot industrial property, situated on a sizable 3.5-acre lot in Lapeer, Michigan, presents a compelling investment opportunity. Ideally located on M-24, boasting over 15,000 vehicles passing daily, and conveniently situated 4.4 miles from I-69, this property offers unparalleled accessibility and visibility. The building features four distinct bays, each designed for optimal functionality. Bay 1, measuring 58ft x 102ft (5916 sq ft), includes a front door, office space, 15ft ceilings, and a 14ft garage door. Bay 2 (30ft x 102ft, 3036 sq ft) offers office space above, 15ft ceilings, and a 12ft door. Bay 3 (30ft x 156ft, 4680 sq ft) provides a wide-open space with 15ft ceilings and a 12ft door. Finally, Bay 4 (90ft x 54ft, 4860 sq ft) features 12ft ceilings and a 10ft door. The property is currently partially tenanted, with the existing tenant expressing a desire to remain. The property is zoned industrial, providing ample room for expansion and diverse business applications. 480-volt power is available. This turnkey operation is priced at $1,399,900 and offers significant potential for immediate income and future growth. Don't miss this chance to acquire a high-demand industrial property in a thriving location.
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
M-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.