Property profile

2960 Lapeer Rd Lapeer, MI 48446

OFF-MARKET
Specialty properties
Property ID
US43-4359310
880 SF 17.79 ac lot
Trust Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 28-acre parcel, previously home to Maple Springs Golf Course and driving range, presents a unique opportunity for redevelopment. The land is cleared and level, offering immediate utility for a variety of industrial uses. Boasting over 1,000 feet of frontage on Lapeer Road, this property enjoys excellent visibility and accessibility. Its strategic location is just 3.5 miles from I-69, placing it within easy reach of the burgeoning commercial activity and new developments in the area. The current zoning is Agricultural/Residential with recreational feasibility, offering flexibility for potential future uses. Included in the sale are two parcels (PINs: 01203201930 & 01203201910) sold together. On-site improvements include an existing A-frame structure, a private well and septic system, and a detached garage. The substantial acreage and prime location make this property an ideal investment for businesses seeking a strategic foothold in a rapidly growing region. The 880 square foot A-frame structure offers potential for immediate use or future demolition, depending on the buyer's plans. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential in Lapeer, Michigan. Serious inquiries only.

Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Total area 880 SF
Lot 17.79 ac (774,802 SF)
Zoning code AE
APN 012-032-019-30
UPID US43-4359310

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2960 Lapeer Rd Lapeer, MI 48446
Lapeer metro Census 338000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2025
Last sale
$400,000
1 recorded transaction
2025
$400,000

Zoning & alternative use

AE · Lapeer, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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