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Property summary
This exceptional storefront property, located at 324 W Nepessing St in Lapeer, Michigan, presents a fantastic investment opportunity. Boasting 1,830 square feet of space, this commercially zoned building is priced at $219,900, translating to $120.16 per square foot. Constructed in 1960, the building currently features a soundproofed recording studio layout, but its free-span interior offers immense flexibility for a variety of commercial uses. The property's prime location in the heart of… downtown Lapeer provides unparalleled access to a vibrant and bustling environment. Surrounded by popular restaurants, shops, and frequent events, this location ensures high visibility and foot traffic, ideal for a thriving business. The property is situated in Lapeer County, Michigan, with the zip code 48446. This is a rare chance to acquire a well-positioned commercial space in a thriving downtown area, ready for your business vision. The property's commercial zoning ensures a wide range of potential uses, making it an attractive investment for entrepreneurs and business owners alike. Don't miss this chance to establish your business in the heart of Lapeer.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,830 SF
- Lot area
- 0.05 ac
- Year built
- 1960
- Stories
- 1
- APN
- L20-09-600-040-00
- Zoning
- CBD1 CEN BUS
- Assessed value · 2024
- $37,300
- Annual tax · 2023
- $1,502
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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