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.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1955
Living Area: 1,653 SqFt
Listing Office:
Office Name: Solutions Realty Group LLC
Office Phone: (810) 302-7001
Listing Agent: Veronica Abdelnour
Interior Features
Interior Information:
Basement: Yes
Fireplace: WoodBurning
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Exterior: Lighting
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: TwoCarGarage, Attached
Lot Features
Lot Information:
Lot Size: 0.39 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: A quarter mile north of I-69 on M-24
Price Information
Listing Price Info
Price Summary:
List Price: $3,900,000
Price Per SqFt: $2,359/SqFt
Tax Information:
Annual Amount: $2,346
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 $3.6M more than the Median Sold Price and $2.2K/SqFt more than other homes in Lapeer, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240069114
Listing Office:
Office Name: Solutions Realty Group LLC
Office Phone: (810) 302-7001
Listing Agent: Veronica Abdelnour
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.
$19.5K
Per Month
Principal & Interest
$19.4K
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
$11.7K
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 school1.22 miles
Public District Grades PK-5
7
/10
Schickler Elementary School
2020 W Oregon St
Distance between this listing and this school2.43 miles
Public District Grades KG-5
6
/10
Lynch Elementary School
2035 Roods Lake Rd
Distance between this listing and this school4.76 miles
Public Magnet Grades KG-5
Nearby Schools
8
/10
Chatfield School
231 Lake Dr
Distance between this listing and this school1.54 miles
Public Charter Grades KG-8
5
/10
Rolland-Warner 6-7 Campus
3145 W Genesee St
Distance between this listing and this school1.81 miles
Public District Grades 6-7
6
/10
Hahn Intermediate School
500 S Dayton St
Distance between this listing and this school10.05 miles
Public District Grades 5-6
Nearby Schools
6
/10
Lapeer High School
933 S Saginaw St
Distance between this listing and this school1.27 miles
Public District Grades 10-12
2
/10
Center for Innovation
170 Millville Rd
Distance between this listing and this school2.11 miles
Public District Grades KG-12
1
/10
Zemmer 8-9 Campus
1920 W Oregon St
Distance between this listing and this school2.19 miles
The neighbors living near this home have an average income of $71,905. Typical income of Lapeer, MI residents is between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1214 S Lapeer Rd
What is the listing price of this property?
The listing price of 1214 S Lapeer Rd property is $3,900,000.
What type of property is this?
The property 1214 S Lapeer Rd is a house located in Lapeer, Michigan, 48446.
Is this property for sale now?
Active Listing: 1214 S Lapeer Rd 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 $2,346 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1214 S Lapeer Rd has 2 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 1214 S Lapeer Rd is 1,653 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1214 S Lapeer Rd is 1955.
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 1214 S Lapeer Rd in Lapeer, MI and zip code 48446. This 1,653 square foot home, which was built in 1955, sits on a 0.39 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $3,900,000.
In November 2024 more than 4 listings in Lapeer, MI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 11 were sold below. Between October 2024 and November 2024, Lapeer, MI real estate market has seen increase in the number of listings by 5.1%. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $260,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
PGA/LPGA
PGA/LPGA
College Football
NASCAR
Stein Mart
Best Buy
Dick's Sporting Goods
Bob Evans
Texas Roadhouse
Arbys
Lincoln
Ram
GMC
News/Talk/Information
Contemporary Christian
Adult Hits