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Property profile

48 Genesee St Lapeer, MI 48446

OFF-MARKET
Warehouses
Property ID
US43-4373318
6,442 SF 0.16 ac lot Built 1948
Last sale Jan 2015 · $28,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 13,800 square foot auto shop, located at 48 W Genesee St in Lapeer, Michigan, presents a lucrative investment opportunity. Built in 1948 and extensively renovated in 2015, the property boasts a prime location with significant road frontage and high community recognition. The single-story building sits on a 0.17-acre lot and is zoned for commercial use (APN: L203830004000). Features include a spacious showroom, multiple sales offices, customer restrooms, service bays equipped…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$80k
Effective rate3.89%

Value estimate

· Oct 2026
$80k
$72k – $88k

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?
RM-1 M
JurisdictionLAPEER

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.9
Parking Facility9.6
Tailor Shop9.2

Location

48 Genesee St Lapeer, MI 48446-2223
County assessor Recorded deeds · 1 transfer 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
811 Whitney, Lapeer, MI 48446-2565 $450,000 Jul 2024 7,800 SF
2071 Lapeer, Lapeer, MI 48446-8628 $850,000 Jun 2024 8,000 SF
3038 Essex, Lapeer, MI 48446-2580 $300,000 Oct 2022 4,812 SF
1 Demille, Lapeer, MI 48446-3025 $580,000 Feb 2022 8,200 SF
255 Mccormick, Lapeer, MI 48446-2571 $325,000 Apr 2021 4,800 SF
810 Whitney, Lapeer, MI 48446-2565 $424,000 Sep 2019 9,000 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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