265 Howard St Lapeer, MI 48446
Property profile & analytics
265 Howard St Lapeer, MI 48446
- Retail space
- 12,024 SF
- 0.66 lot acres
Property ID
US43-4326221
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 265 Howard St
- Year built
- 1900
- Lot size
- 0.66 lot acres
- Property size
- 12,024 SF
- Zone code
- I1 INDU
- Property type
- Retail space
- APN
- L21-27-500-040-00
- APU
- L212750004000
Description
This exceptional industrial opportunity in Lapeer, MI, presents two buildings totaling 11,160 square feet situated on a generous 1.56-acre lot. Building #1 boasts 7,000 square feet, while Building #2 offers 4,160 square feet of space. Currently equipped with 800 amps of power, the property is eligible for an upgrade to 1,200 amps/3-phase power, providing significant flexibility for various industrial uses. An appraisal completed in December 2021 valued the property at $1,100,000, highlighting its substantial worth. The buildings are in good condition, and the property's location within a designated "green zone" suggests favorable environmental considerations. This property presents a compelling investment opportunity, ideal for owner-occupancy or as a lucrative rental investment. The expansive lot offers significant potential for future development, allowing for expansion or the addition of further structures. This versatile property is ready for immediate use or strategic development, making it a rare find in the Lapeer industrial market. The asking price is $410,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,550,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,380,000
- 6.5%
- $1,275,000
- 7%
- $1,185,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $930,000 Current use
- OFFICE BUILDING
- $1,225,000 Change: +31% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lapeer
- County
- Lapeer
- State
- Michigan
- Longitude
- -83.309
- Latitude
- 43.0495
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,313
$0.00
$0.00
$155,500
-
$0.00
$0.00
$311,000
