4053 Lapeer Rd, Metamora, MI 48455-8721
This exceptional 11,136 square foot industrial property, situated on 1.5 acres at 4053 S Lapeer in Metamora, MI, presents a lucrative investment opportunity. Currently operating as a bustling strip mall with eight individual units, this property boasts a prime location on M-24 Lapeer Road, ensuring high visibility and significant foot traffic. The ample 63-space parking lot provides convenient access for customers and employees. Excellent signage opportunities further enhance the property's appeal to potential tenants. The commercial zoning allows for a diverse range of businesses, including restaurants (both sit-down and takeout), pizza establishments, and various service-oriented enterprises. Currently, two units are available for lease. The property's strong performance is evidenced by its existing tenant occupancy, details of which are available upon request. This is an ideal investment for those seeking a well-established, high-traffic commercial property with significant growth potential. The asking price is $1,500,000. Serious inquiries only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Metamora, MIMetamora. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.