6 M-32/Crittenden Ct, Alpena, MI 49707
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.