1224 S LAPEER Road $3,900,000

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    1224 S LAPEER Road Lapeer, MI 48446

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    $3,900,000

    Market Estimate
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    • 2 Beds
    • 1 Baths
    • 1,201 sq. ft.
    • Rental
    • MLS# 60355707
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    Views: 2 Days On Site: 4

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    Property Details

    Prime Commercial Development Opportunity â‚' Located on the NW Corner of I-69 and M-24, Lapeer, MI This 3.48-acre property offers a rare opportunity to own a prime piece of land in a high-traffic area, directly adjacent to the I-69 on-ramp. The property is situated at the gateway to Lapeer and provides significant visibility and exposure for future commercial or mixed-use development, subject to township approval. The property includes four residential rental homes, with all properties being sold together as one parcel. These properties are not available for individual sale. Property Id include: #01250000600, Id# 01250000530, Id #01250000560, Id# 01250000500. For more information, contact the listing agent.

    • General Features
      • Association Fee Y/N No
      • Acreage 1.21
      • Area Municipality Lapeer Twp (44013)
      • Bedrooms 2
      • County Lapeer
      • Originating MLS RealComp
      • Ownership Corporation
      • Structure Style 1 Story
      • Subdivision PLEASANT ESTATES
      • Total SqFt Finished 1201
      • Waterfront Y/N No
      • Year Built 1956
    • Building Features
      • Architecture Style Ranch
      • Bedroom 1 Level Entry
      • Basement Type Outside Entrance, Unfinished
      • Cooling System Other
      • Exterior Construction Brick
      • Garage Type Attached Garage, Direct Access
      • Foundation Type Basement
      • Heating System Baseboard, Hot Water, Other-See Remarks
    • Property Features
      • Sewer Septic Septic
      • Roads Gravel
      • Lot Size 307x134x304x180
      • Water Private Well
    • Schools
      • School District Lapeer Community Schools

    Neighborhood

    48446 (Lapeer) Demographics

    45 Median Age
    243 Population Density (per sq. mile)
    28% College Educated
    $57,311 Estimated Median Income
    9,661 Estimated Total Home Owners
    2,431 Estimated Total Renters
    80% / 20% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    30,473 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $260,000 Median Sales Price
    23 Homes Sold
    27 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,900,000
        11/19/2024 10:52:00 PM New in Database Source: Multiple Listing Service New Value: $3,900,000
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.