3420 S Lapeer Rd Metamora, MI 48455
For Sale
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Property summary
This exceptional 15,000-square-foot auto shop, built in 2024, presents a lucrative investment opportunity in Metamora Township, Michigan. Situated on a substantial 10.95-acre lot, the property boasts over 500 feet of frontage on M-24 and an additional 400+ feet of frontage on Pratt Road, ensuring high visibility and accessibility. The building itself comprises a 9,000-square-foot service area and a 6,000-square-foot showroom, providing ample space for a variety of automotive businesses. The property is zoned for commercial use and offers convenient access to I-69, enhancing its strategic location. The asking price is $3,300,000. This property is far from reaching its full potential. Lease terms are also available for qualified tenants, offering flexibility for potential investors. The property's address is 3420 S Lapeer Road, Metamora Twp, MI 48455, with APN 01500503000. This is a standard (private) ownership opportunity. Don't miss this chance to acquire a high-profile commercial property in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Car Dealership
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Metamora market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Metamora, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for B-2 in Metamora, MI.
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