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    850 Nw - Comstock Park, MI 49321

    Sponsored
    For Sale
    $850,000

    Prime Comstock Park commercial land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial lot, situated at 850 Range Street NW - Lot 12 in Comstock Park, Michigan (49321), presents a unique investment opportunity within the burgeoning Range at Alpine development. This vibrant community is strategically located along the high-traffic Alpine Avenue retail corridor, ensuring excellent visibility and accessibility. The Range at Alpine is a master-planned community encompassing 73 single-family home sites and 54 planned townhome/condo units, creating a thriving residential base for supporting commercial ventures. The site is approved for various uses, including retail and office spaces, offering flexibility for build-to-suit options. Lot lines can be adjusted to accommodate specific project needs. The development benefits from municipal sewer and water services, and a new traffic signal will be installed at the intersection of Alpine Church and Alpine Avenue, further enhancing accessibility. This property is ready for immediate development, providing an excellent opportunity to capitalize on the growth and potential of this dynamic location. The site is part of a larger development including age-restricted apartments, ensuring a diverse and robust surrounding community.

    Property Features for 850 Nw -

    General Information

    Property type
    Land
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Comstock Park
    County
    Kent
    State
    Michigan
    Longitude
    -85.689859834112
    Latitude
    43.051844445641

    Nearby Comparable

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      Range Street Commercial Land

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      Range at Alpine Commercial Lot

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      Former Restaurant Space For Sale

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    FAQs

    What type of property is this?
    Land - Prime Comstock Park commercial land.
    Where is this land located?
    The property is located at 850 Nw - Comstock Park, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    (616) 327-2614
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    850 Nw - Comstock Park, MI 49321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    850 Nw - Comstock Park, MI 49321
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