850 Nw -, Comstock Park, MI 49321
This exceptional 0.92-acre commercial lot, situated at 850 Range Street NW - Lot 9 in Comstock Park, Michigan (zip code 49321), presents a prime investment opportunity within the burgeoning Range at Alpine development. This thriving community, located along the high-traffic Alpine Avenue retail corridor, is experiencing significant growth. The project encompasses 73 single-family home sites and 54 planned townhome/condo units, creating a vibrant and expanding residential base. Adjacent to this lot, plans include a 124-unit, three-story apartment building for residents aged 55 and older. This lot offers flexibility for retail or office use, with the possibility of adjusting lot lines to meet specific needs. The development benefits from municipal sewer and water services, and 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 potential. The asking price for this strategically located lot is $450,000. This is an exceptional opportunity to capitalize on the rapid growth and strong demand in this dynamic area.
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
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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.