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155 S Court Street, Lapeer, Mi 48446

$249,999
  • 155 S Court Street, Lapeer, Mi 48446 Main Photo

6 Photos

Active
LOT SIZE 3.000 acres MLS#20261083287
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONC I T Y O F L A P E E R B J E N N I N G S A D D SCHOOLLapeer

Property Description

Rare 3-acre I-1 industrial development opportunity directly abutting a live rail spur with potential boxcar freight loading and unloading, subject to access rights and railroad approval. Ideal for industrial developers, manufacturers, distributors, logistics operations, and owner-users.Three curb cuts along S. Court Street. Civil engineering and architectural design commenced, with approximately $30,000 invested in multiple site plan concepts.Existing infrastructure includes an 8-inch sanitary sewer, 12-inch storm sewer, 6-inch gas main, municipal water availability along S. Court Street and James Street, and a fire hydrant at James and Court. Comparable storm and sanitary sewer installation with earthwork has been estimated at nearly $400,000, potentially offering significant cost and time savings. Existing storm sewer structures and some rims are already in place. Actual savings and utility capacity require engineering review and approval.Phase I environmental site assessment completed. A Baseline Environmental Assessment (BEA) has been filed with the State of Michigan. Reported findings identify limited, contained contamination in the northeast corner. Located within an Opportunity Zone, subject to applicable eligibility requirements. Low property taxes and minimal routine maintenance add to the appeal.The approximately 3-acre development site consists of multiple parcels offered together as one combined property.A compelling opportunity combining industrial zoning, potential rail freight access, existing infrastructure, and prior engineering investment. Buyer to verify zoning, rail access, utilities, environmental conditions, development costs, and approvals.Owner is both the Listing Agent and Seller.

155 S Court Street | MLS# 20261083287

This land located at 155 S Court Street, Lapeer, Mi 48446 is currently listed for sale with an asking price of $249,999. The property has approximately 3.00 Acres. S Court Street is located within the Lapeer school district. Search Lapeer real estate on www.griffithrealty.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 3.00 Acres
Taxes: $846

Feature Descriptions

Days on Site: 11
Lot Dimensions: 240 x 214
Parcel#: L212810004000
Sewer: Public Sewer
Summer Tax: 346
Water: Waterat Street
Winter Tax: 500

Local Schools

School District: Lapeer

Listed By / Shown By

Listed By

Agency Name: Real Broker, LLC
Agency Phone: 8554500442

Shown By

Agency Title: Griffith Realty
Agency Phone: 810-227-1016

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Estimate Your Payment

Estimated Payment

$ 699.81 per month $556.39 Principal & Interest $70.50 Property Tax $72.92 Homeowner's Insurance

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