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218 S Pearl Street, Albion, MI 49224

Land, Albion, MI

Property SizeContact for details
Lot Size0.12 Acres
Days on Market16

Property Features for 218 S Pearl Street

General Information

Property type Land
Property subtype Other
Zoning description R2
Elementary school district Marshall
Middle school district Marshall
High school district Marshall
Standard status Active
APN 51-013-052-01
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2027
Tax Description LL see docs for addendum
Legal Description LL see docs for addendum

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Water source Public
Listing Agency: Coldwell Banker Morehart Realty
Listed By: Melissa Kennedy · License #6501385948
Added: Sep 21 Last Checked: Oct 6 at 5:06AM
MLS# 26050221

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 0.12-acre vacant parcel is located at 218 S Pearl Street in Albion, Michigan. The property is offered through the Calhoun County Land Bank's Develop This Lot program, which supports acquisition and development for housing, commercial, industrial, or mixed-use projects.

Natural gas is available, with public water and public sewer serving the property. An environmental site assessment will be required, and building and zoning requirements must be confirmed with the local municipality. Offers are reviewed on the 1st and 3rd Friday of each month and must include proof of funds and a preliminary questionnaire.

Key Highlights

  • 0.12‑acre vacant parcel at 218 S Pearl Street, Albion, MI 49224
  • Available through the Calhoun County Land Bank's Develop This Lot program
  • Development options include housing, commercial, industrial, or mixed‑use projects

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store

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

360
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 parcel offered through a county land bank program for housing, commercial, industrial, or mixed-use development.
Where is this land located?
The property is located at 218 S Pearl Street Albion, MI.
What are key features of this property?
This property features: 0.12‑acre vacant parcel at 218 S Pearl Street, Albion, MI 49224; Available through the Calhoun County Land Bank's Develop This Lot program; Development options include housing, commercial, industrial, or mixed‑use projects
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