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405 West Chestnut Street, Albion, MI 49224

Three vacant lots are being sold together through a land bank Develop This Lot program.

Property Size60,548 SF
Price / SF$0.07
Days on Market1663

Property Features for 405 West Chestnut Street

General Information

Standard status Active
Size 60,548 SF
Property subtype Land / Lot
Zoning R2

Amenities

0.0
Listing Agency: Coldwell Banker Morehart Realty
Listed By: Melissa Kennedy · License #6501385948
Source: Compass
Added: Feb 1, 2022 Changed: Aug 8 Last Checked: Mar 25 at 12:42PM

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 Coldwell Banker Morehart Realty

Investment Insights

Based on property information with market context.

This offering includes three vacant lots sold together: 405, 407, and 409 W Chestnut St. The properties are available through the Calhoun County Land Bank’s Develop This Lot (DTL) program.

The DTL program is intended to assist buyers interested in acquiring and developing vacant land for housing, commercial, industrial, or mixed-use projects, and the buyer is responsible for confirming building and zoning requirements with the local municipality.

Offers will be reviewed on the 1st and 3rd Friday of each month, and the seller requires proof of funds and a preliminary questionnaire for consideration.

Key Highlights

  • 3 vacant lots sold together: 405, 407, and 409 W Chestnut St
  • Available through the Calhoun County Land Bank Develop This Lot (DTL) program
  • DTL program assists buyers pursuing housing, commercial, industrial, or mixed‑use development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Skin Care Clinic

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

372
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three vacant lots are being sold together through a land bank Develop This Lot program.
Where is this residential land & home lot located?
The property is located at 405 West Chestnut Street Albion, MI.
What are key features of this property?
This property features: 3 vacant lots sold together: 405, 407, and 409 W Chestnut St; Available through the Calhoun County Land Bank Develop This Lot (DTL) program; DTL program assists buyers pursuing housing, commercial, industrial, or mixed‑use development
More about this property
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