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Property profile

227 Horton St Lapeer, MI 48446

OFF-MARKET
Other warehouses
Property ID
US43-4327108
2,800 SF 0.11 ac lot Built 1950
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a warehouse facility configured to support an operating vending business and includes related equipment and assets. Building systems and utilities include fire suppression along with city water and sewer service. Included office and operational equipment features a forklift, two 45-foot freezers, and three coolers used for inventory storage. The business inventory includes 133 vending machines, of which 90 are placed at customer/job sites and 43 are available for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value · 2024$38k
Effective rate3.94%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RM-1 M
JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.6
Electrical Service10.0
Tailor Shop9.7

Location

227 Horton St Lapeer, MI 48446-2241
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
811 Whitney, Lapeer, MI 48446-2565 $450,000 Jul 2024 7,800 SF
2071 Lapeer, Lapeer, MI 48446-8628 $850,000 Jun 2024 8,000 SF
3038 Essex, Lapeer, MI 48446-2580 $300,000 Oct 2022 4,812 SF
1 Demille, Lapeer, MI 48446-3025 $580,000 Feb 2022 8,200 SF
162 Saginaw, Lapeer, MI 48446-2602 $300,000 Aug 2021 4,100 SF
255 Mccormick, Lapeer, MI 48446-2571 $325,000 Apr 2021 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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