4.52 Acres - 1040 S Lapeer Road

Vacant Land for Sale
4.52 Acres - 1040 S Lapeer Road
Catylist Listing ID: 30000571
Gross Land Area: 4.52 Acres
Sale Price: $1,400,000
Unit Price: $309,734 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/12/2017

Overview / Comments

  • 4.5-acre redevelopment opportunity on Lapeer Road and Baldwin Road
  • City of Lapeer is open to rezoning this residential parcel to commercial
  • Property may be split into two parcels, one on Lapeer Road and one on Baldwin Road
  • Great location next to Belle Tire, Taco Bell and other national retailers
  • Gateway road to City of Lapeer
  • All utilities on site
  • Asking price of $1,400,000
  • Taxes are $3,566.00

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Lapeer
Tax ID/APN: 21-39-831-032-00

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,811 17,372 25,979
Median Age: 36.31 39.8 41
Households: 1,115 6,690 9,879
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