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Alma, MI Land for Sale

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Commercial Land at Highway Corner
Updated: Aug 31
Commercial Land at Highway Corner

7996 N Alger Road, Alma, MI 48801

$1,000,000
2.56 AC lot
Approximately 2.56 acres of commercially zoned land
Southeast corner of Business US‑127 and M‑46
Approximately 21,000 cars/day
Signage visible from the US‑127 expressway
Municipal sewer, natural gas, and 3 Phase electric on site
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Commercial Land at Highway Junction
Updated: Aug 31
Commercial Land at Highway Junction

7990 N Alger Road, Alma, MI 48801

$1,000,000
1.30 AC lot
Approximately 1.3 acres at the southeast corner of Business US‑127 and M‑46
Commercially zoned property identified for motel, restaurant, and other business uses
Approximately 21,000 cars/day traffic count
Signage visible from the US‑127 expressway
Municipal sewer, natural gas, and 3 Phase electric on site
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Highway Corner Commercial Land
Highway Corner Commercial Land

7900 N Alger Road, Alma, MI 48801

$1,100,000
5.00 AC lot

Commercially zoned acreage with municipal sewer, natural gas, and three-phase electric service on site.

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Soybean-Planted Agricultural Land
Soybean-Planted Agricultural Land

Alma, MI 48801

$800,000

Soybeans are planted, and the seller retains harvest rights for the fall 2026 crop.

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Commercial Land
Commercial Land

323 W Superior Street, Alma, MI 48801

$750,000
1.30 AC lot

Corner-site development parcel across from Alma College.

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Surveyed Residential Land Parcel
Surveyed Residential Land Parcel

N Luce Road, Alma, MI 48801

$49,000
2.00 AC lot

Open, level 2-acre parcel previously perc tested, with deed restrictions requiring a permanent foundation-built residence.

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Residential Corner Lot in Alma
Residential Corner Lot in Alma

427 E Downie Street, Alma, MI 48801

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0.10 AC lot

Corner lot suitable for residential development with city variance approval.

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Farmland
Farmland

Alma, MI 48801

$387,200

A contiguous tract in an established agricultural area west of Ithaca.

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Vacant Lot/Land, Alma, MI
Vacant Lot/Land, Alma, MI

9000 Winans Road, Alma, MI 48801

$120,000
15.00 AC lot

Land · 15.00 Acres

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Vacant Corner Lot in Alma
Vacant Corner Lot in Alma

1528 E Superior Street, Alma, MI 48801

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0.47 AC lot

Vacant 0.47 acre corner lot with high traffic exposure.

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Vacant Land Parcel
Vacant Land Parcel

Alma, MI 48801

$120,000

Undeveloped property identified for hunting, farming, or construction of a future building site.

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Vacant Corner Lot Near US-127
Vacant Corner Lot Near US-127

1532 E Superior Street, Alma, MI 48801

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0.19 AC lot

Vacant residential lot with high-traffic exposure near US-127.

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Land, Alma, MI
Land, Alma, MI

Bostwick Street, Alma, MI 48801

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0.20 AC lot

Land · 0.20 Acres

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Land
Land

111 Grove, Alma, MI 48801

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Residential land & home lots

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Commercial Land at Highway Corner
Commercial Land at Highway Corner

7900,7990,7996 N Alger Road, Alma, MI 48801

$2,100,000
8.00 AC lot

Commercially zoned corner site with municipal sewer, natural gas, and on-site three-phase electric.

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Waterfront Building Lot with River Views
Waterfront Building Lot with River Views

Riverview lot: 43, Alma, MI 48801

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0.39 AC lot

Cleared waterfront lot with mature trees and wooded back, near Alma College and the Heartland Trail.

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Residential Development Lot
Residential Development Lot

248 Ruby Ct, Alma, MI 48801

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Residential lot available for sale within a subdivision that includes a central park.

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Vacant Lot/Land, Alma, MI
Vacant Lot/Land, Alma, MI

111 Grove, Alma, MI 48801

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0.32 AC lot

Land · 0.32 Acres

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Land
Land

427 E Downie St, Alma, MI 48801

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Residential land & home lots

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Residential Land in Alma, MI
Residential Land in Alma, MI

278 Ruby Court, Alma, MI 48801

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0.41 AC lot

Vacant lot for building a new home in Alma.

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Residential Land in Gemstone Fields
Residential Land in Gemstone Fields

274 Gemstone Dr, Alma, MI 48801

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Residential land for new home construction in Alma, Michigan.

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Residential Lot in Gemstone Fields
Residential Lot in Gemstone Fields

274 Gemstone Drive, Alma, MI 48801

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0.23 AC lot

Vacant lot for building a dream home in Alma, MI.

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Residential Land in Gemstone Fields
Residential Land in Gemstone Fields

385 Gemstone Dr, Alma, MI 48801

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Land for new home construction in a bike-friendly subdivision.

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Residential Lot in Gemstone Fields
Residential Lot in Gemstone Fields

385 Gemstone Drive, Alma, MI 48801

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0.28 AC lot

Vacant lot for building a new home in Alma, MI.

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Alma, MI Land Market Trends and Statistics

Explore 72 land for sale in Alma, MI, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 1,798,157 square feet of properties for sale, with an estimated market value of $7,526,000.

Sale prices for lots in Alma, MI start at $49,000, averaging $627,166, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 24
Commercial land 9
Agricultural land / Farmland 2
Industrial land 1

Demographics Overview

Population 13K
Population Growth (5Y) +5.6%
Median Household Income $57,449
College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48801 $228.1K

Taxes & Financing

Tax Rate (average for all types) 4.53%
Tax Rate vs County Average 0.57 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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