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    850 Nw - Comstock Park, MI 49321

    Sponsored
    For Sale
    $1,200,000

    1.67-acre commercial lot in Comstock Park, MI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.67-acre commercial lot, situated at 850 Range Street NW - Lot 6 in Comstock Park, Michigan (zip code 49321), presents a prime investment opportunity within the burgeoning Range at Alpine development. Located along the high-traffic Alpine Avenue retail corridor, this property benefits from its strategic placement within a thriving mixed-use community. The Range at Alpine master plan includes 73 single-family home sites and 54 planned townhome/condo units, creating a robust residential base for commercial ventures. Furthermore, a separate site is approved for 124 age-restricted (55+) apartments, further enhancing the area's demographic appeal. This lot is ready for immediate development, offering flexibility in lot line adjustments to suit individual needs. Municipal sewer and water services are available, and a new traffic signal will be installed at the intersection of Alpine Church and Alpine Avenue, improving accessibility. Build-to-suit options are available, making this an ideal location for retail or office development. The asking price for this exceptional property is $1,200,000.

    Property Features for 850 Nw -

    General Information

    Property type
    Land
    Lot Size
    72,745 SF

    HighLights

    • 1.67‑acre commercial lot in Comstock Park, MI (49321) at 850 Range Street NW - Lot 6.
    • High‑traffic location on Alpine Avenue retail corridor within the Range at Alpine development.
    • Surrounded by a thriving mixed‑use community including 73 single‑family homes, 54 townhomes/condos, and a planned 124 age‑restricted (55+) apartments.
    • Ready for immediate development with flexible lot line adjustments.
    • Municipal sewer and water available; new traffic signal planned at Alpine Church and Alpine Avenue.
    • Build‑to‑suit options available for retail or office; asking price $1,200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Comstock Park
    County
    Kent
    State
    Michigan
    Longitude
    -85.689849101981
    Latitude
    43.051778816723

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 1.67-acre commercial lot in Comstock Park, MI
    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 $1,200,000.
    What are key features of this property?
    This property features: 1.67-acre commercial lot in Comstock Park, MI (49321) at 850 Range Street NW - Lot 6.; High-traffic location on Alpine Avenue retail corridor within the Range at Alpine development.; Surrounded by a thriving mixed-use community including 73 single-family homes, 54 townhomes/condos, and a planned 124 age-restricted (55+) apartments.
    (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

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    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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