Lapeer Road

Vacant Land for Sale
Catylist Listing ID: 30510988
Property Subtypes: Industrial, Office, Residential (Single Family), Retail, Other
Gross Land Area: 33.24 Acres
Sale Price: $2,500,000
Unit Price: $75,210 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Nice natural wetland setting allowing for 17 +/- net usable acres in a corridor that
is gaining density, residential development and new retail construction. Zoned
OP-2, allows for industrial: medical, retail, research & development, office and
senior housing. Site is just north of Silverbell Road on the west side of Lapeer
Road, just north of Cobasys. 15" Sewer and 16" water mains at site. Perfect for
medical campus with Lapeer Road fronting retail or light industrial/R&D
developments. Minutes to GM Orion, CTC and all tiered suppliers in Auburn
Hills and the future Amazon Distribution Center in Pontiac. Special land use
allows for light industrial uses such as injection mold, machining, light assembly
and mini storage.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $27,055 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Tax ID/APN: 09-26-300-008
Zoning: OP-2, FLEXIBLE
Property Located Between: North of Silverbell
Traffic/Vehicle Count: 33,775
Available Utilities: Water, Sewer, Storm Drain

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,263 34,876 108,943
Median Age: 35.19 39.41 39.11
Households: 1,188 12,671 41,548
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