Financial
Distress signals
Property profile

2602 Imlay City Rd Lapeer, MI 48446

OFF-MARKET
Grocery and convenience stores
Property ID
US43-4331730
3,088 SF 0.48 ac lot Built 1984
Last sale Jun 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving, established liquor store in Lapeer, MI, encompassing both the business and the real estate. The 3,088 square foot building sits on a 0.48-acre lot and includes a valuable Specially Designated Distributor (SDD) license. The business boasts impressive financial performance, averaging $68,000 in monthly gross revenue. A significant portion of this revenue stems from a profitable small kitchen operation, generating approximately…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$110k
Effective rate2.69%

Value estimate

· Sep 2026
$365k
$329k – $402k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$46 – $99
Qualifying comparables3

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?
C-1
JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency11.3
Auto Repair Shop11.1
Restaurant10.7

Location

2602 Imlay City Rd Lapeer, MI 48446-3218
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
935 Baldwin, Lapeer, MI 48446-3007 $320,000 Mar 2025 3,986 SF
5505 Davison, Lapeer, MI 48446-2777 $300,000 Feb 2025 3,710 SF
2746 Fish Lk, Lapeer, MI 48446-8382 $181,200 Nov 2024 3,840 SF
2236 Imlay City, Lapeer, MI 48446-3262 $150,000 May 2024 3,448 SF
2023 Lapeer, Lapeer, MI 48446-8628 $100,000 Nov 2022 4,690 SF
1947 Lapeer, Lapeer, MI 48446-7710 $195,000 Aug 2021 2,304 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
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