7900 N Alger Rd Alma, MI 48801
Property Features for 7900 N Alger Rd
General Information
- Standard status
- Active
- Lot size
- 8.00 Acres
Building Details
- Year built
- 2023
Source:
Exitrealty
Listing Agency: RESULTS REALTY Listing Agent: Susan Massaway
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Commercial Land For Sale
This commercially zoned property encompasses approximately 8.86 acres. Situated on the southeast corner of Business US-127 and M-46, the location benefits from high daily traffic, estimated at approximately 21,000 cars per day. Signage is visible from the US-127 expressway. The site is suitable for a motel, restaurant, and potentially one or two additional businesses. Municipal sewer, natural gas, and 3-phase electric are available on site. Municipal water and multiple high-speed internet providers are also available. The property is eligible for Brownfield Redevelopment Tax Increment Financing (TIF) reimbursement of approximately $475,000 of eligible expenses, which should be transferable to the buyer. Furthermore, Pine River Township has approved a 10-year freeze of local property taxes under the Commercial Rehabilitation Act for the current owner.
Location Intelligence
Current Use by Public Records
Business Route Bikes
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Alma
- County
- Gratiot
- State
- Michigan
- Longitude
- -84.666268
- Latitude
- 43.406681
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 8.86 acres of commercially zoned property with high traffic.
Where is this commercial land located?
The property is located at 7900 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: - Prime commercially zoned property on a high-traffic corner (Business US-127 and M-46) with approximately 21,000 cars/day.; - Eligible for Brownfield Redevelopment TIF Reimbursement of approximately $475,000.; - Approved 10-year freeze of local property taxes under the Commercial Rehabilitation Act.
