1040 Lapeer RdLapeer, MI 48446

For Lease
  • Commercial real estate
  • 1,650 SF

Property Details for 1040 Lapeer Rd

Year built
1940
Lot size
3.99 AC
Property size (Sq ft)
1,650 SF
Zone code
B2 GEN
Property type
Commercial real estate
APN
L21-39-831-032-00
APU
L213983103200

Description

This exceptional 1.5-acre commercial land parcel presents a unique development opportunity in a thriving Lapeer County location. Situated along busy Lapeer Road, just north of I-69, this site benefits from high visibility and exceptional traffic counts. The property is zoned B-2 General Commercial, allowing for a wide range of development possibilities. An adjacent pad site to a Popeye's Chicken (opening Q4 2024) ensures immediate brand synergy and increased foot traffic. The site offers the potential for a drive-thru, catering to the convenience-oriented consumer base. This is an ideal location for businesses seeking high exposure and easy access to a major interstate. The lot size allows for the construction of a building up to 2,400 square feet. This prime location offers significant potential for growth and return on investment in a rapidly developing community. The property's strategic placement near I-69 provides unparalleled accessibility for both employees and customers. This is a rare opportunity to establish a presence in a high-traffic area with strong future prospects. The existing zoning allows for a variety of commercial and industrial uses, making it suitable for a diverse range of businesses. Don't miss this chance to secure a prominent location in a burgeoning market. The total acreage available is between 1.5 and 8.34 acres, offering flexibility for development plans.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $323,308
    Hospitality
    $296,149
    Educational
    $246,392
    Medical
    $254,866
    Retail
    $383,277
1040 Lapeer Rd, Lapeer, Michigan

Location Insight

City
Lapeer
County
Lapeer
State
Michigan
Latitude
43.0353
Longitude
-83.3243
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
$6,288
-
-
$301,800
-
-
-
$603,600

FAQs

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