The Lapeer area continues to grow with national service brands. Wallmart, Tractor Supply, Dollar General, McDonald's to name a few. These parcels are ready for redevelopment to serve the community, as W Genesee offers high traffic counts. This parcel of Commercial Vacant Land is part of a large portfolio. Ready for development with approximately 280' of Commercial frontage on W Genesee. 127 Pope St is included and provides a Commercial Services drive between Pope St and W. Genesee.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Commercial Premier
Office Phone: (248) 628-1900
Listing Agent: Peggy J Feltner
Lot Features
Lot Information:
Lot Size: 0.20 Acres
Other
Directions Information:
Directions: M24 (Lapeer Rd) north to West on W Genesee to property on the North
Price Information
Listing Price Info
Price Summary:
List Price: $1,300,000
Tax Information:
Annual Amount: $825
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lapeer, MI.
This property is $1.0M more than the Median Sold Price in Lapeer, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240026297
Listing Office:
Office Name: Coldwell Banker Commercial Premier
Office Phone: (248) 628-1900
Listing Agent: Peggy J Feltner
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,556
Per Month
Principal & Interest
$6,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,964
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Turrill Elementary School
785 S Elm St
Distance between this listing and this school0.62 miles
Public District Grades PK-5
7
/10
Schickler Elementary School
2020 W Oregon St
Distance between this listing and this school1.75 miles
Public District Grades KG-5
6
/10
Lynch Elementary School
2035 Roods Lake Rd
Distance between this listing and this school3.00 miles
Public Magnet Grades KG-5
Nearby Schools
8
/10
Chatfield School
231 Lake Dr
Distance between this listing and this school1.63 miles
Public Charter Grades KG-8
5
/10
Rolland-Warner 6-7 Campus
3145 W Genesee St
Distance between this listing and this school2.06 miles
Public District Grades 6-7
6
/10
Hahn Intermediate School
500 S Dayton St
Distance between this listing and this school11.03 miles
Public District Grades 5-6
Nearby Schools
6
/10
Lapeer High School
933 S Saginaw St
Distance between this listing and this school0.90 miles
Public District Grades 10-12
1
/10
Zemmer 8-9 Campus
1920 W Oregon St
Distance between this listing and this school1.58 miles
Public District Grades 8-9
2
/10
Center for Innovation
170 Millville Rd
Distance between this listing and this school1.82 miles
The neighbors living near this home have an average income of $46,462. Most Lapeer, MI residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 116 W Genesee St
What is the listing price of this property?
The listing price of 116 W Genesee St property is $1,300,000.
What type of property is this?
The property 116 W Genesee St is land located in Lapeer, Michigan, 48446.
Is this property for sale now?
Active Listing: 116 W Genesee St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $825 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 116 W Genesee St in Lapeer, MI and zip code 48446. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $1,300,000.
Over 6 listings were sold over their listed price in October 2024 in Lapeer, MI. In the same period over 7 listings were sold below the listed price and 2 listings were sold for the listed price. While the average time on the market in October 2024 was 44 days, the median list price was $265,000.
From Rocket Homes Real Estate and based on county public records data.