Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail space

    5505 Davison Rd, Lapeer, MI 48446-2777

    3,710 SF 1.5 ac lot
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US43-4357825
    Property summary
    AI-generated overview

    This exceptional 3,710 square foot industrial property, situated on a 1.5-acre lot in Lapeer, Michigan, presents a remarkable investment opportunity. Located on a high-traffic corner, this landmark building benefits from approximately 9,000 cars passing daily, providing unparalleled visibility and accessibility. Its strategic location offers convenient access to I-69, further enhancing its appeal. The versatile space can be utilized as a single unit or easily divided into separate areas for diverse uses. The ground floor features two distinct entrances, one leading to a spacious main area and the other to a smaller storefront. A separate entrance on the upper level provides access to an additional area, previously used as a boutique retail store and formerly configured as a three-bedroom residential unit. This presents flexibility for various business models or potential residential conversion. The building boasts a rich history, having served as a convenience store and pizza kitchen/bakery for many years. All existing kitchen equipment and store fixtures are included in the sale, offering a head start for a new owner. While not currently "turnkey," this property holds immense potential with some renovation and investment. The seller is offering land contract terms, making this an attractive proposition for entrepreneurs seeking a prime location and flexible financing options.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 3,710 SF
    Lot 1.5 ac (65,209 SF)
    Zoning code C1
    APN 008-007-001-00
    UPID US43-4357825
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    David Yaldo · 1 yrs held
    David Yaldo
    since 2025
    Last sale
    $300,000
    5 recorded transactions
    2025
    $300,000
    2025
    2018
    $130,000
    2018
    $108,000
    2007
    $253,000
    Zoning & alternative use
    C1 · Lapeer, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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?”
    You own 5505 Davison Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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