For Sale
3400 S LAPEER Road, Metamora, MI 48455
$995,000
MLS # 20240080366 (Realcomp)
37.34 acres
1 / 29
Listing 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.
Source: SparkMLS
About this home
Currently offered at $995,000.
Estimated annual property tax: $10,957, or about $913 monthly. 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 TypeLand
Bathrooms0
Lot Size37.34 acres
Location
CityMetamora
MunicipalityMetamora Twp
Zip Code48455
CountyLapeer
School DistrictLapeer
Sale & Financing
Listed10/17/2024
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$10,957
Parcel #01500806511
Source: SparkMLS
Legal Description
T6N, R10E PT OF SECTIONS 8 & 17 COMM E COR SEC 8; TH N 86-34-07 W 2559.03 FT ALG E/W 1/4 LN SEC 8 & S 03-40-30 W 2451.53 FT ALG C/L OF M-24 HWY TO POB; TH S 86-46-30 E 600 FT; TH N 03-40-30 E 800 FT TO C/L DRYDEN RD; TH S 86-46-30 E 698.15 FT ALG C/L OF DRYDEN RD; TH S 03-01-39 W 1030.99 FT TO N LN SEC 17; TH S 03-35-16 W 649.48 FT; TH N 86-17-51 W 1008.75 FT; TH N 03-40-30 E 270 FT; TH N 86-17-5
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 David A Tietz
RE/MAX Plus
Frequently Asked Questions about 3400 S LAPEER Road, Metamora, MI 48455
Which school district serves 3400 S LAPEER Road, Metamora, MI 48455?
Per MLS# 20240080366, 3400 S LAPEER Road, Metamora, MI 48455 is in the Lapeer boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lapeer directly to confirm enrollment eligibility.
What financing options are available for 3400 S LAPEER Road, Metamora, MI 48455?
Per MLS# 20240080366, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 3400 S LAPEER Road, Metamora, MI 48455?
Per public tax records, annual property taxes for this property are $10,957. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 3400 S LAPEER Road, Metamora, MI 48455 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 3400 S LAPEER Road, Metamora, MI 48455 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 3400 S LAPEER Road, Metamora, MI 48455?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Metamora Twp police department or the Lapeer County sheriff's office.
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Monthly payment$6,454
Principal & interest$6,454
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
3400 S LAPEER Road, Metamora, MI 48455
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Municipality
Metamora Township
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