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Property profile & analytics
OFF-MARKET Estimated value $885,000
Medical Office Space

844 Main St Lapeer, MI 48446-3027

2,912 SF 0.47 ac lot Built 1982
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US43-4374276
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
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
$885k
Owner & transaction history
Lapeer Medical Complex LLC · 1 yrs held
Lapeer Medical Complex LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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