Prime Commercial Land For
7900 7990 7996 N Alger, Alma, MI 48801
8.86 acres of commercially zoned property ideal for development.
Type:Industrial
Lot size:
8.86 Acres- Added:
- Oct 12, 2023
- Days on Market:
- 954
- Last Refresh:
- Apr 1 at 8:40 pm
Property Features for 7900 7990 7996 N Alger
General Information
- Standard status
- Active
- Lot size
- 8.86 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2023
Listing agent Susan Massaway
Listing office RESULTS REALTY (989) 400-4443
Listing date Oct 12, 2023
Source Xome
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 RESULTS REALTY
HighLights
- Prime commercial zoning on a high‑traffic corner lot (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.
- Municipal sewer, natural gas, and 3‑Phase electric are on site.
- Signage visible from US‑127 expressway.
- Municipal water and multiple high‑speed internet providers available.
Overview
This commercially zoned property, encompassing approximately 8.86 acres, is situated at the southeast corner of Business US-127 and M-46. The location is suitable for a motel, restaurant, and potentially one or two additional businesses. The site benefits from high daily traffic, with approximately 21,000 cars per day. Signage is visible from the US-127 expressway. 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 approved a 10-year freeze of local property taxes under the Commercial Rehabilitation Act for the current owner. Municipal sewer, natural gas, and 3-phase electric are available on site. Municipal water and multiple high-speed internet providers are also available.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Alma
- County
- Gratiot
- State
- Michigan
- Longitude
- -84.6786
- Latitude
- 43.3819
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FAQs
What type of property is this?
Commercial land - 8.86 acres of commercially zoned property ideal for development.
Where is this commercial land located?
The property is located at 7900 7990 7996 N Alger 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 commercial zoning on a high‑traffic corner lot (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.
