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.
General Information
Sale Price: $1,500,000
Price/SqFt:
Status: Active
MLS#: 5050160000
City: lapeer
Post Office: lapeer
Schools: lapeer
County: Lapeer
Acres: 43.3
Lot Dimensions: 43.325 Acres - splitable
Size:
Acreage: 43.3 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes: $2,821 Est. Winter Taxes: $4,035
Legal Description: CITY OF LAPEER T7N, R10E, SEC 6 PART OF SE 1/4 LYING S'LY OF S'LY LN OF GTRR R/W, BEG N00*32'07"W 350.09 FT ALG N-S 1/4 LN FRM S 1/4 COR, TH N88*12'07"E 350.09 FT; TH TH S0*32'07"E 217.69 FT; TH 598.05 FT ALG C TO L (R=5437 FT A=06*18'20" LC=S88*38'2 5"E 598.05 FT); TH N88*12'25"E 216.67 FT; TH 194.82 FT ALG C TO R (R=586.00 FT A=19*02'55" LC=S82*16'08"E 193.93 FT);TH S72*44'41"E 28.73FT;TH 151.72 FT ALG C TO L (R=457.22FT A=19*00'47" LC=S82*18'04"E 151.04 FT); TH N02*14'05"W 1450.24 FT; TH S83* 1 3'47"W 510.03 FT; TH ALG C TO L 1000.58 FT (R=6797.47 FT A=08*26'02" S79*00'07"W 999.7 FT) TO THE N-S 1/4 LN; TH S0*32'07"E ALG N-S 1/4 LN 929.38 FT TO POB 43.325 ACRE SUBJ TO RESTRS, EASMNTS OR ROW OF REC DESC CORRECTED 2022 FRMLY
