113 Devonshire DrLapeer, MI 48446

  • Commercial real estate
  • 2.90 AC
For Sale
$180,000 View listing

Property Details for 113 Devonshire Dr

Lot size
2.90 AC
Zone code
RM-1 M
Property type
Commercial real estate
APN
L20-83-309-040-00
APU
L208330904000

Description

This exceptional 2.9-acre commercial parcel presents a unique investment opportunity in Lapeer, Michigan. Located at 113 Devonshire Drive, 48446, this flat, build-ready land boasts a highly desirable location. The property is conveniently situated adjacent to a senior living community and surrounded by a golf course community, offering immediate access to a substantial resident base. Its Commercial zoning allows for a variety of development options, including residential homes, multi-family housing, or community-focused projects such as a community center. The property's flat terrain simplifies construction, minimizing site preparation costs and accelerating project timelines. The parcel's size and location make it ideal for developers seeking to capitalize on the growing demand for housing and community amenities in the area. The property's APN is L208330904000. This is a rare opportunity to acquire a significant land parcel in a thriving community with excellent potential for substantial returns. The asking price is $180,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $24,726,806
    Hospitality
    $22,649,620
    Educational
    $18,844,218
    Medical
    $19,492,300
    Retail
    $29,313,228

Location Insight

City
Lapeer
County
Lapeer
State
Michigan
Latitude
43.0485
Longitude
-83.352
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,330
-
-
$31,000
-
-
-
$62,000

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