Financial
Distress signals
Property profile

3420 S Lapeer Rd Metamora, MI 48455

FOR SALE
Other commercial real estate
Property ID
US43-4349988
10.95 ac lot Built 2006
Last sale Aug 2022 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial facility offering approximately 15,000 square feet of usable space situated on a 9-acre lot. It is suited for service and showroom uses and has frontage on M-24, providing high visibility from the roadway.

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?
$9k
Tax billed · 2023
Assessed value · 2024$589k
Effective rate1.52%

Value estimate

· Sep 2026
$415k
$374k – $457k
NOI build-up
Gross scheduled income$180k
Vacancy & credit loss−$32k
Operating expenses−$44k
NOI · 4.70% cap applied$103k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$70/SF
County average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$31 – $122

Cap rate analysis

How does the asset earn?
4.70%
$103k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.1
Building Supply10.1
Auto Parts Store9.7

Location

3420 S Lapeer Rd Metamora, MI 48455
County assessor Recorded deeds · 2 transfers 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3539 Lapeer, Metamora, MI 48455-8938 $1,300,000 May 2024 No data
3767 Lapeer, Metamora, MI 48455-8963 $40,000 Apr 2022 1,108 SF
4079 Lapeer, Metamora, MI 48455-8978 $300,000 Dec 2021 1,225 SF
3549 Lapeer, Metamora, MI 48455-8938 $675,000 Mar 2021 9,600 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message