3400 S Lapeer Road Metamora, MI 48455

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$995,000

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37.34 Acres
Land
MLS# 50159172

Listing provided courtesy of: REMAX Plus - 810-969-4445

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Property Details

Description

What a great investment for the future with frontage on the Commercial corner of Lapeer Rd. (M-24) and Dryden Rd in Metamora. This Ideally located, 37 acre commercial opportunity is zoned for many commercial uses, including but not limited to; Medical office building, Storage facility, Assisted Living Retirement homes, Automobile dealership, Retail Space, Manufacturing, etc. There are several established businesses next to this Prime Property including; McLaren Medical Clinic, Rite Aid, McDonalds & Marathon Gas Station, along with many other businesses along the M-24 corridor. With 600ft of road frontage on M-24 and almost 700ft of road frontage on Dryden Rd. the development possibilities are almost endless. Just a 1/2 mile from Historic Downtown Metamora.

General Features
- Style Vacant Land
- Acreage 37.34
- Area Municipality Metamora (44028)
- Association Fee Y/N No
- County Lapeer
- Originating MLS East Central Association of REALTORS
- Ownership Corporation
- Waterfront Y/N No
- ZONING Commercial,Industrial
Property Features
- Lot Size 692X1686X1010X269X296X600
- Sewer Septic Other-See Remarks
- Water Other-See Remarks
Schools
- School District Lapeer Community Schools

Neighborhood

48455 (Metamora) Demographics

50 Median Age

124 Population Density (per sq. mile)

43% College Educated

$83,333 Estimated Median Income

2,894 Estimated Total Home Owners

288 Estimated Total Renters

91% / 9% Estimated Owner / Renter Divide

3 Estimated Average Household Size

8,348 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$342,450 Median Sales Price

8 Homes Sold

7 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: $995,000
10/24/2024 10:23:00 AM	New in Database Source: Multiple Listing Service	New Value: $995,000

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* 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.