155 Court Street, Lapeer, Michigan 48446
$249,999
Property Details
- MLS#: 20261083287
- Bedrooms: N/A
- Bathrooms: N/A
- Square Feet: N/A
- Lot Size: N/A
- Year Built: N/A
- Property Type: Land
- Transaction: Transaction type unavailable
- Listing Status: Active
- Days on Market: 1
Tax and Assessment Information
Tax and assessment information is unavailable.
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. Buyers should review all environmental documentation. 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.
Location
This property is located in Lapeer, Michigan. Lapeer is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 155 Court Street?
155 Court Street is listed at $249,999.
How many bedrooms does 155 Court Street have?
This property has N/A bedrooms and 0 bathrooms.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com