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    7342 N Alger Rd Alma, MI 48801

    For Sale
    $2,100,000

    Office Building,Retail Store,Convenience Store - Alma, MI

    Property size:
    15,480 SF
    Lot size:
    1.90 Acres
    Days on Market:
    650
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 7342 N Alger Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Retail,Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    15,480 SF
    Lot size
    1.90 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Roof type
    Asphalt
    Architectural style
    Other

    CENTURY 21 LEE-MAC REALTY (989) 463-6085

    Listing agent Bob Fall (989) 463-6085

    Listing date Feb 26, 2024

    MLS# 1919562 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Plaza Near Meijer Store

    SCA Plaza is a commercial property featuring 11 units and over 15,000 square feet of space. The property is located directly in front of the Meijer department store. The location provides high visibility and foot traffic. The layout is designed to maximize exposure for each unit. The plaza is suitable for a range of businesses, including retail shops, eateries, service providers, and offices. The property is located in Alma, MI 48801. The lot size is 1.9 acres.
    Location Intelligence

    Current Use by Public Records

    AT&T Store Cell Phone Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Gratiot
    State
    Michigan
    Longitude
    -84.666583
    Latitude
    43.399278

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    FAQs

    What type of property is this?
    Neighborhood center - Retail and commercial units in high-traffic location near Meijer.
    Where is this neighborhood center located?
    The property is located at 7342 N Alger Rd Alma, MI.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Strategic location directly in front of Meijer, ensuring high visibility and foot traffic.; - Over 15,000 square feet of versatile space suitable for various businesses.; - Well-designed layout maximizing exposure for each of the 11 units.
    (989) 463-6085
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7342 N Alger Rd Alma, MI 48801
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