Development Lot with Public
New
For Sale
Contact for pricing
1116 Terpenning Street, Albion, MI 49224
Land, Albion, MI
Property SizeContact for details
Lot Size0.18 Acres
Days on Market5
Property Features for 1116 Terpenning Street
General Information
Property type
Land
Property subtype
Other
Zoning description
R2
Lot features
Corner Lot
Elementary school district
Marshall
Middle school district
Marshall
High school district
Marshall
Standard status
Active
APN
51-014-141-00
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2027
Tax Description
ALBION CITY, WIENER'S ASSESSORS PLAT LOT 141. (1116 TERPENNING)
Legal Description
ALBION CITY, WIENER'S ASSESSORS PLAT LOT 141. (1116 TERPENNING)
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Coldwell Banker Morehart Realty
(269) 968-9293
Listed By:
Melissa Kennedy · License #6501385948
(269) 441-8183
Added: Sep 21
Last Checked: Sep 25 at 9:06PM
MLS# 26050226
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.18-acre vacant parcel at 1116 Terpenning Street offers a compact land opportunity within Albion. The property is identified for development through the Calhoun County Land Bank’s Develop This Lot program, which supports housing, commercial, industrial, and mixed-use projects. Public water and public sewer serve the property, while natural gas is available.
An environmental site assessment is required before development. Prospective buyers must confirm 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 the preliminary questionnaire requested by the seller.
An environmental site assessment is required before development. Prospective buyers must confirm 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 the preliminary questionnaire requested by the seller.
Key Highlights
- 0.18‑acre vacant development parcel
- Public water and public sewer available
- Natural gas available
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
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 with public water, public sewer, and natural gas availability for a future development project.
Where is this land located?
The property is located at 1116 Terpenning Street Albion, MI.
What are key features of this property?
This property features: 0.18‑acre vacant development parcel; Public water and public sewer available; Natural gas available
