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    OFF-MARKET
    Industrial properties

    7900 7990 7996, Alma, MI 48801

    8 ac lot Built 2023
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.86-acre commercial property sits at the highly visible southeast corner of US-127 and M-46 in Alma, Michigan, boasting one of the highest daily traffic counts in Mid-Michigan (approximately 21,000 vehicles). Its prime location ensures excellent signage visibility from the US-127 expressway, making it ideal for a variety of businesses. The zoning allows for multiple uses, making it perfect for a motel, restaurant, and one or two additional businesses. Significant financial incentives are available to the buyer. The property is eligible for approximately $475,000 in Brownfield Redevelopment Tax Increment Financing (TIF) reimbursement for eligible expenses. Furthermore, Pine River Township has granted a 10-year freeze on local property taxes under the Commercial Rehabilitation Act, offering substantial long-term cost savings. The site is well-equipped with essential utilities, including municipal sewer, natural gas, and three-phase electric service. Municipal water is readily available, along with multiple high-speed internet providers. This presents a rare opportunity to acquire a strategically located, high-traffic commercial property with significant financial advantages. The asking price is $2,100,000.

    Property profile
    Verified
    Property type Industrial properties
    Year built 2023
    Lot 8 ac (348,480 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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