Property profile

6069 Lapeer Rd Fostoria, MI 48435

OFF-MARKET
Flex space
Property ID
US43-4364166
8,770 SF 3.2 ac lot Built 1979
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1979
Total area 8,770 SF
Lot 3.2 ac (139,436 SF)
Zoning code C
APN 006-008-027-00
UPID US43-4364166

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6069 Lapeer Rd Fostoria, MI 48435-9645
Fostoria metro Census 332000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$155k

Owner & transaction history

since 2025
5 recorded transactions
2025
$336,000
2015
Price N/A
2010
$373,000
2010
$220,000
2010
Price N/A

Zoning & alternative use

C · Fostoria, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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