Financial
Distress signals
Property profile

4 Nepessing St Lapeer, MI 48446

OFF-MARKET
Turn key restaurants
Property ID
US43-4327104
5,900 SF 0.22 ac lot Built 1925
Last sale Nov 2025 · $230,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 0.43-acre commercial land parcel, located at 4 E Nepessing in Lapeer, Michigan, presents a unique investment opportunity. The property boasts a 5,900 square foot building, previously utilized as a restaurant and bar, featuring a recently remodeled kitchen area, ready for immediate occupancy. The building is configured as a single-tenant space, offering flexibility for a variety of commercial uses. Its convenient location offers ample street parking, ideal for quick curbside

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?
$6k
Tax billed · 2023
Assessed value · 2024$154k
Effective rate3.89%

Value estimate

· Sep 2026
$240k
$216k – $264k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2 GEN
JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.2
Wholesale Shop13.0
Realty agency12.3

Location

4 Nepessing St Lapeer, MI 48446-2312
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

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
558 Main, Lapeer, MI 48446-2467 $475,000 May 2024 4,800 SF
1422 Imlay City, Lapeer, MI 48446-3114 $450,000 Jun 2023 7,472 SF
411 Nepessing, Lapeer, MI 48446-2106 $500,000 Feb 2023 6,540 SF
727 Main, Lapeer, MI 48446-3031 $60,000 Feb 2023 5,050 SF
2023 Lapeer, Lapeer, MI 48446-8628 $100,000 Nov 2022 4,690 SF
333 Nepessing, Lapeer, MI 48446-2105 $272,000 Nov 2021 6,947 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
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