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    OFF-MARKET
    Land

    850 Nw -, Comstock Park, MI 49321

    2.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.8-acre commercial lot, situated at 850 Range Street NW - Lot 7 in Comstock Park, Michigan (zip code 49321), presents a prime investment opportunity. Part of the burgeoning Range at Alpine development, this property benefits from its location along the high-traffic Alpine Avenue retail corridor. The surrounding area includes a planned 73 single-family home sites and 54 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 site will be fully graded and serviced by municipal sewer and water. A new traffic signal will be installed at the intersection of Alpine Church and Alpine Avenue, enhancing accessibility and visibility. Build-to-suit options are available, providing further customization opportunities for prospective buyers. The asking price for this exceptional property is $2,200,000. This is a rare chance to acquire a strategically located commercial lot in a rapidly expanding area of Comstock Park.

    Property profile
    Verified
    Property type Land
    Lot 2.8 ac (121,968 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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