1208 S LAPEER Road
Lapeer, MI 48446
Single Family Residence · MLS # 20240060326 · Listing courtesy of Solutions Realty Group LLC
About this home
Prime Commercial Development Opportunity – 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.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Lapeer
Over the last 90 days, 94 homes sold in Lapeer for a median of $272,000, about $153 per square foot, and the typical one went under contract in 15 days. This home is listed at $3,500,000, or $2,593 per square foot, 1595% above the city median, and has been on the market 681 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Lapeer sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,446 a year. A buyer who lives here would pay about $37,159 a year once the taxable value resets after the sale, at the 2025 homestead rate of 21.02 mills for Lapeer Twp and Lapeer schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Lapeer
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