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Property profile

844 Main St Lapeer, MI 48446

OFF-MARKET
Medical Office Space
Property ID
US43-4374276
2,912 SF 0.47 ac lot Built 1982
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,912-square-foot freestanding building, situated on a 0.47-acre lot in Lapeer, Michigan, presents a remarkable opportunity for businesses seeking a prime location. Boasting a highly visible position at the well-lit intersection of South Main Street and Baldwin Road, this property benefits from significant foot traffic and easy accessibility. Its strategic placement near major retailers such as Meijer, Culver's, Domino's, Tropical Smoothie, and Marshalls ensures high visibility and convenient access for clients and employees. The building is zoned B2 General Business, offering versatility for various uses, including medical, office, or retail. The property includes 20 dedicated parking spaces, a fully built-out medical space featuring three exam rooms (each with sinks), five private offices, and a spacious glass-front reception and waiting area. A full basement provides ample storage and utility access, allowing for flexible modifications. Three restrooms are available, two on the main floor and one in the basement. A reliable automatic generator ensures uninterrupted operations. This turnkey solution combines a desirable location with functional features, making it an ideal investment for businesses seeking to establish or expand their presence in a thriving commercial area. The property's address is 844 S Main St, Lapeer, MI 48446, and is located in Lapeer County.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Total area 2,912 SF
Lot 0.47 ac (20,473 SF)
Zoning code B2 GEN
APN L21-31-800-040-00
UPID US43-4374276

Cap rate & NOI

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

Location

844 Main St Lapeer, MI 48446-3027
Lapeer metro Census 337000 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k

Owner & transaction history

since 2025
Last sale
$900,000
5 recorded transactions
2025
$900,000
2022
Price N/A
2021
Price N/A
2019
$600,000
2014
$650,000

Zoning & alternative use

B2 GEN · Lapeer, 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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