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    OFF-MARKET
    Land

    850 Nw -, Comstock Park, MI 49321

    1.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.08-acre commercial lot, situated at 850 Range Street NW - Lot 3 in Comstock Park, Michigan (zip code 49321), presents a prime investment opportunity. Located within the burgeoning Range at Alpine development, this property benefits from its strategic position along the high-traffic Alpine Avenue retail corridor. The surrounding area includes 73 single-family home sites and 54 planned townhome/condo units, creating a vibrant and growing community. This lot is ideally suited for retail or office development, offering flexibility in lot line adjustments to meet specific needs. The Range at Alpine development plan includes municipal sewer and water services, ensuring convenient infrastructure access. Furthermore, a new traffic signal will be installed at the intersection of Alpine Church and Alpine Avenue, enhancing visibility and accessibility. The site is ready for development, with build-to-suit options available. This property offers significant potential for growth and return on investment in a thriving commercial area. The asking price for this exceptional lot is $900,000.

    Property profile
    Verified
    Property type Land
    Lot 1.08 ac (47,045 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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