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Residential-Zoned Development Lot
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1016 Jefferson Street, Albion, MI 49224

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

Property Size5,793 SF
Price / SF$0.35
Days on Market1678

Property Features for 1016 Jefferson Street

General Information

Standard status Active
Size 5,793 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: Mar 14, 2022 Changed: Oct 13 Last Checked: Oct 15 at 1:24AM

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

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Investment Insights

Based on property information with market context.

This vacant 5,793-square-foot lot is located at 1016 Jefferson Street in Albion, Michigan. The parcel carries R2 zoning and is presented as a buildable site for future development, subject to confirmation of applicable municipal requirements.

The property is offered through the Calhoun County Land Bank’s Develop This Lot program, which supports acquisition and development of vacant land for housing, commercial, industrial, or mixed-use projects. Buyers must verify 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

  • 5,793‑square‑foot vacant lot at 1016 Jefferson Street
  • R2 zoning designation
  • Offered through Calhoun County Land Bank’s Develop This Lot program

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Bakery

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

178
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Vacant land offered through a county land bank program for potential housing, commercial, industrial, or mixed-use development.
Where is this land located?
The property is located at 1016 Jefferson Street Albion, MI.
What are key features of this property?
This property features: 5,793‑square‑foot vacant lot at 1016 Jefferson Street; R2 zoning designation; Offered through Calhoun County Land Bank’s Develop This Lot program
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