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    1680 Wright Ave Alma, MI 48801

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    For Lease
    Contact for pricing

    Retail space available in Alma, Michigan near Alma College.

    Property size:
    27,889 SF
    Lot size:
    3.40 Acres

    Property Features for 1680 Wright Ave

    General Information

    Size
    27,889 SF
    Lot size
    3.40 Acres

    Source: Landmark Commercial Real Estate Services Agent David Ward

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former JC Penny Box Available

    The available space is the former JC Penny Box, offering 27889 square feet. The property is located in Alma, the largest city in Gratiot County, Michigan. Alma College, a liberal arts institution with approximately 1,300 students, is situated just south of the shopping center. Additionally, a Meijer store is located just east of the shopping center.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Gratiot
    State
    Michigan
    Longitude
    -84.666697
    Latitude
    43.395027

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Alma, Michigan near Alma College.
    Where is this shopping center located?
    The property is located at 1680 Wright Ave Alma, MI.
    What are key features of this property?
    This property features: - Former JC Penny Box offers a large, adaptable space; - Located in Alma, the largest city in Gratiot County, Michigan; - Proximity to Alma College (approx. 1,300 students)
    (248) 488-2620
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    Alma, MI 48801
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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
    1680 Wright Ave Alma, MI 48801
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