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    Alma, MI
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    Alma, MI Motels for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI
    Prime Commercial Land For Sale
    Updated: Oct 6, 2023
    Prime Commercial Land For Sale

    7900,7990,7996 N Alger, Alma, MI 48801

    $2,100,000
    8.86 AC lot
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Houghton Lake Waterfront Commercial Property
    Houghton Lake Waterfront Commercial Property

    8848 State Avenue, Houghton Lake, MI 48629

    $425,000
    2,880 sqft · 0.32 AC lot

    Iconic commercial/residential property with waterfront access and endless potential.

    View details
    Greenville Commercial Property For Sale
    Greenville Commercial Property For Sale

    109 S Greenville W Drive, Greenville, MI 48838

    $574,900
    1,320 sqft · 1.43 AC lot

    1.4 acre commercial property ready for redevelopment near M57.

    View details
    Redevelopment Motel Property with Units
    Redevelopment Motel Property with Units

    109 S Greenville West Dr, Greenville, MI 48838

    $574,900
    1,320 sqft · 1.40 AC lot

    Former motel site offering an updated 4-unit motel with monthly rentals and an owner-occupied business suite.

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    Waterfront Trading Post Property
    Waterfront Trading Post Property

    8848 State Ave, Houghton Lake, MI 48629

    $425,000
    138 sqft

    Zoned commercial waterfront with canal frontage and direct access to Houghton Lake, plus rented boat slips.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

    7900,7990,7996 N Alger Road, Alma, MI 48801

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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    High-Visibility Highway Commercial Land
    High-Visibility Highway Commercial Land

    Blue Star Highway lot: 2, Fennville, MI 49408

    $300,000
    2.75 AC lot

    Cleared highway exit land in a C-3 district for a range of commercial and service uses.

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    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    0.60-acre vacant lot on a hard corner in Canton.

    View details
    Commercial Land on Adrian Highway
    Commercial Land on Adrian Highway

    3264 N Adrian Highway, Adrian, MI 49221

    $299,900
    3.43 AC lot

    Commercial Highway Zoned lot with high traffic counts on M-52.

    View details

    Alma, MI Motels Market Trends and Statistics

    Explore 1 motels for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,100,000.

    Sale prices for motels in Alma, MI start at $2,100,000, averaging $2,100,000, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1
    Motels 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +5.6%
    Median Household Income $57,449
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

    Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48801 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 4.53%
    Tax Rate vs County Average 0.57 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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