For Sale
1208 S LAPEER Road, Lapeer, MI 48446
$3,500,000
MLS # 20240060326 (Realcomp)
2 beds1 bath1,350 sqftBuilt 19563.48 acres
1 / 33
Listing Description
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.
Source: SparkMLS
About this home
2-bedroom, 1-bath, 1,350 sq ft home in Lapeer Township in Lapeer built in 1956.
Currently offered at $3,500,000 (about $2,593/sq ft).
Property tax estimate: $2,446 per year ($204/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area1,350 sqft
Lot Size3.48 acres
Year Built1956
Stories1
Location
CityLapeer
MunicipalityLapeer Twp
Zip Code48446
CountyLapeer
School DistrictLapeer
Construction & Systems
ConstructionAluminum Siding, Brick
BasementSlab
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed11/18/2024
Original Price$3,900,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,446
Parcel #01250000530
Source: SparkMLS
Legal Description
SEC 18 T7N R10E PLEASANT ESTATES THE N 100 FT OF LOT 5 EX THAT WHICH LIES ELY OF NWLY R/W LINE OF HWY M-21 RELOCATED. COPY OF EASEMENT DECLARATION DATED 3-13-06 IN FILE FOLDER. RCK
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Veronica Abdelnour
Solutions Realty Group LLC
Frequently Asked Questions about 1208 S LAPEER Road, Lapeer, MI 48446
What school district is 1208 S LAPEER Road, Lapeer, MI 48446 in?
Per MLS# 20240060326, this property is served by Lapeer. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20240060326, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20240060326, the most recent reported annual property tax for 1208 S LAPEER Road, Lapeer, MI 48446 is $2,446. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1208 S LAPEER Road, Lapeer, MI 48446 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1208 S LAPEER Road, Lapeer, MI 48446 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Lapeer Twp police department or the Lapeer County sheriff's office.
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Monthly payment$22,701
Principal & interest$22,701
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1208 S LAPEER Road, Lapeer, MI 48446
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Municipality
Lapeer Township
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