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1116 Terpenning St, Albion, MI 49224

Vacant parcel offered through a county land bank program for housing, commercial, industrial, or mixed-use development.

Property SizeContact for details
Days on Market4

Property Features for 1116 Terpenning St

General Information

Standard status Active
Property subtype Land
Listing Agency: Compass Realty
Listed By: Beyond MI Realty
Source: Beyondmirealty
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 9:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Realty

Investment Insights

Based on property information with market context.

This vacant lot at 1116 Terpenning St in Albion is offered through the Calhoun County Land Bank’s Develop This Lot program. The opportunity is intended for projects involving housing, commercial, industrial, or mixed-use development.

An environmental site assessment will be required. Prospective buyers must verify applicable building and zoning requirements with the local municipality. Offers are reviewed on the first and third Friday of each month, and submissions must include proof of funds and a preliminary questionnaire.

Key Highlights

  • Vacant lot at 1116 Terpenning St, Albion, MI 49224
  • Offered through the Calhoun County Land Bank’s Develop This Lot program
  • Program supports housing, commercial, industrial, and mixed‑use projects

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Hair Salon Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby

Demographics for 49224, MI

13,199
Population
5,277
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
88%
High-School Grad
99.9 sq mi
ZIP Area
132
Density / Sq Mi
$52,552
Median Household Income
$28,136
Median Earnings
$846
Median Rent
$119,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Land - Vacant parcel offered through a county land bank program for housing, commercial, industrial, or mixed-use development.
Where is this land located?
The property is located at 1116 Terpenning St Albion, MI.
What are key features of this property?
This property features: Vacant lot at 1116 Terpenning St, Albion, MI 49224; Offered through the Calhoun County Land Bank’s Develop This Lot program; Program supports housing, commercial, industrial, and mixed‑use projects
More about this property
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