Property profile

6 M-32/Crittenden Ct Alpena, MI 49707

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 153,116 sq ft commercial lot (APN 012-020-000-650-10), located at Lot 6 M-32/Crittenden Court in Alpena, Michigan (49707), presents a unique investment opportunity in Alpena County's fastest-growing area. Zoned B-2, this high-visibility property boasts high traffic counts and multiple traffic lanes along M-32, just 1.8 miles west of the busy M-32/Bagley St corridor. Infrastructure is complete, including municipal water and sewer, natural gas, and electricity – a significant cost savings for developers. The lot benefits from its strategic location, anchored by a newly constructed Aldi's and a Hampton Inn currently under construction. A service drive off M-32 (Crittenden Ct) provides convenient access to interior lots, with signage opportunities available for enhanced visibility. This thriving area is home to a variety of established businesses, including Walmart, Meijer, Home Depot, McDonald's, Culver's, Applebee's, Walgreens, Biggby Coffee, Starbucks, Marshalls, AutoZone, PNC Bank, and WellCare. The parcel size is adaptable, and additional property may be available. Detailed site layouts and pricing are available upon request. This is an ideal location for businesses seeking high visibility and convenient access to a dense concentration of consumers.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6 M-32/Crittenden Ct Alpena, MI 49707
Alpena metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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