6069 Lapeer Rd, Fostoria, MI 48435-9645
This expansive industrial property, located at 6069 N Lapeer in Fostoria, Michigan, offers 8,770 square feet of versatile space ideally suited for manufacturing or similar operations. The building boasts 15-foot ceilings, providing ample headroom for various industrial applications. Power is robust, featuring 3-phase/440V power throughout, supplemented by a substantial 130-foot overhead electrical bus bar system, ensuring power availability anywhere within the structure. Access is convenient with two overhead doors—one measuring 12 feet and the other 10 feet—allowing for easy loading and unloading of materials and equipment. The property also includes two full bathrooms and a mini-kitchen within the office area. The building's exterior features a newer metal roof, installed in 2010, ensuring long-term durability and low maintenance. Situated on a generous 3.2-acre lot, the property offers ample outdoor space for storage, expansion, or additional development. Its strategic location, just 12 miles north of Lapeer on M-24/N. Lapeer Road, provides excellent accessibility and visibility. This property presents a significant opportunity for businesses seeking a well-equipped and spacious industrial facility in a desirable location. The asking price is $649,900.
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
Property description
Physical attributes from public recordsZoning & alternative use
C · Fostoria, MIFostoria. 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.