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$ 1,500,000
Est. payment | /mo
43.3 Acres Lot
$ 1,500,000
Est. payment | /mo
43.3 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 50160000
Style Vacant Land
Annual Tax Amount $6,856
Tax Year 2023
Lot Size 43.300 Acres
Acres 43.3
Lot Dimensions 43.325 Acres - splitable
Property Description
Discover the potential of this exceptional 43-acre property in Lapeer, MI! With Farmer's Creek running through the site, this land is divided into two distinct sections: 20 acres of scenic, park-like land to the north and 23 acres of high, buildable land to the south. Its prime location is nestled near retail giants like Kohl's, Home Depot, NCG Theaters, and Ulta, while directly across the street are Meijer, Applebee's, and the Blind Fish Restaurant. The property’s current zoning is single-family, but the city is ready to rezone to accommodate an array of development opportunities including big box retail, a regional shopping center, or a multi-family project with a natural water feature. Splits into smaller lot sizes are possible, and all utilities, including water, sewer, gas, and electric, are conveniently located at the road. This location is surrounded by amenities, with the Oakdale Trail to the west and Cramton Park to the east, and the city’s plans to link the two trails make it a key spot for a future scenic pathway. Plus, any tax credits associated with donating the 20 acres north of the river will transfer to the buyer, making this an exciting investment with endless possibilities.
Location
State MI
County Lapeer
Area Lapeer (44001)
Zoning Mixed Use,Professional Office,Commercial,Industrial,Residential,Other,Site Condominium
Building
Water Public Water, Public Water at Street
Schools
School District Lapeer Community Schools
Others
Ownership Trust
Financing Cash,Conventional,Purchase Money MTG
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Listed by REMAX Right Choice
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