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1985 Genesee St
Lapeer, MI 48446
Phase II - Lapeer Strip Center · Land For Sale
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24.93 AC
Investment Highlights
- Phase II - Strip Center Development Site.
- Neighboring Strip Center includes: Planet Fitness, Hobby Lobby, Goodwill Thrift.
- Two potential outlot opportunities with drive-thru according to PUD on file.
- High-traffic area; Neighborhood includes multifamily housing and strip centers with national retailers.
- Mixed Use opportunity with retail and multifamily.
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 20.00 AC |
| Price Per AC | $150,000.00 |
| Price | $3,000,000 |
| Price Per AC | $150,000.00 |
| Lot Size | 20.00 AC |
20 AC Commercial development land available. 20 buildable acres Mixed Use Retail zoning City Water - City Sewer
Description
This property represents a compelling acquisition opportunity in a well-established commercial corridor. Positioned in a high-demand submarket, the asset benefits from strong visibility, convenient access to major transportation routes, and proximity to a diverse mix of businesses and residential communities. The surrounding area supports consistent traffic and offers a robust customer base, making it attractive for both owner-users and investors seeking long-term stability. The property features quality construction and functional design, accommodating a wide range of potential uses. Its location near key highways and thoroughfares ensures excellent connectivity to regional markets, while nearby amenities enhance the overall appeal for tenants and visitors. With market fundamentals in this area trending positively, this asset offers the potential for value appreciation and sustained income performance. Whether as a single-tenant or multi-tenant configuration, the property’s layout and site characteristics provide flexibility for future repositioning or redevelopment. Investors will appreciate the combination of location strength, accessibility, and enduring demand drivers that define this offering.
Property Taxes
| Parcel Number | L20-94-300-040-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $241,500 |
Property Taxes
